With St. Patrick's Day, a mere few hours away, we are reminded of the traditions of the Emerald Isle. There are the leprechauns, the shamrocks, and of course the Luck of the Irish.
However, much of what may be seen as the Luck of the Irish, may simply be attributed to an ability to foresee trends. Real estate professionals understand that housing markets are cyclic. For example, in the years leading up to the Great Recession, real estate appeared to be on a never-ending cycle of viewing the pot at the end of the rainbow. Most did not foresee what was to occur the following year, with the beginning of the economic downturn in Sacramento, and across this land.
As all things in business and housing, are measured in cycles, those who have either the luck of the Irish, or the ability to foresee trends, can benefit significantly with decisions about positioning well for the next cycle.
For the astute observer of the business world, this translates to OPPORTUNITY.
Interest rates remain reasonable. I see this time as a wonderful window of opportunity for those finding a home they wish to buy - A special window of opportunity to invoke a little Luck of the Irish!
Although most of us cannot see the pot at the end of the rainbow, developing the ability to foresee trends, can make a significant difference in the world of housing and business investment, and provides us with the capacity for the collecting of the GREEN!
Happy St. Patrick's Day everyone!