Where are we at in the Real Estate Market

[Jose Falconett]

No matter what aspect of the real estate industry your in, it is in everybody's best interest to guauge what point we are in the market cycle. 

As a newbie investor learner, Is the market individually independent per town/city or does it have more of a nationwide correlation? 

The reason I ask is because when people refer to the crash in 2008, of course that was a nationwide epidemic even affecting parts of Canada.  

So Is it possible that my area could be in an up cycle when another area in the country is in a down cycle or are all markets in correlation such as in 2008. 

AM I THINKING OF THIS EVEN CORRECTLY HA?