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Habbak Burs
  • Rental Property Investor
  • Riverside, CA
5
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42
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If the housing market drops .... strategy

Habbak Burs
  • Rental Property Investor
  • Riverside, CA
Posted

In general there is a lot of speculation that the housing market prices are going to drop.... at least in California, it does feel that way I see home sales slowing down, prices haven’t really dropped a lot but it definitely slows....

What advice do you have.... what signs can we look for to know that the market is dropping & what strategy is best to get those great deals...

Thanks BP

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Joe Villeneuve
#5 All Forums Contributor
  • Plymouth, MI
19,908
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Joe Villeneuve
#5 All Forums Contributor
  • Plymouth, MI
Replied

Most obvious sign that the economy has dropped? ...all the "experts" that were predicting it for the last 10-12 years will be pointing to the drop and saying, "I was right...see I told you so"...completely ignoring the facts that they were wrong the previous 10-12 years.

Suggestions when it "does eventually" happen?... keep doing what you're doing.  Good deals are good deals...in any economy.

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