Managing Volatility in the 2013 Vegas Real Estate Market

 January 7, 2013 by TradewindTiger

English: Graph I created to illustrate a concept (Photo credit: Wikipedia)

Rumor Mill

Looks like 2013 is going to be as wild of a ride as 2012 was. Managing market volatility seems to be the required message starting the year. My Heaven residing Grandfather used to tell me that the markets climb a wall of worry. I just heard someone else say the same thing and it made me smile. Investors are always asking brokers for certainty. Folks, there is no such thing. The only way to manage volatility is to pay attention to whats going on in the main streets as much as on Capitol Hill, observe what moves players with more money are making so you can be aware of the underlying trend. Our market is in an up trend because of the fundamental nature of the collapse. Time has revealed that banks are being forced to work with underwater owners. Government is extracting bank profits to play offset home owner losses, i.e.-Robin Hood gives to the commoners. Our trend is screaming up. It has taken some sitting back and munching popcorn at the housing bubble reality show, but the trend is coming into focus. Will we see highs and lows, yep and add in some ups and downs. The most important thing is to buy the dips, follow the trend without loosing heart and not becoming a panic seller.