Obviously not a golfer.
If you own rental real estate your happy. I remind myself every time I'm bitching about traffic!
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I want to buy. But its a pretty bleak situation right now.
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All this means is more trash moving into colorado
There is a very good chance the real estate market will bubble in the next year. It will be a fantastic time to buy for those who aren't upgrading.
"WE ARE THE BEAR"
link to feedback https://www.ar-15.co/threads/39392-J...hlight=Jamnanc
What I learned in 2007/08 is that they will never let that bubble burst. Think about what it has taken to get prices to recover: TARP, mark-to-market, QE1-I. We've had a Fed rate at ~0% for seven years and now discussion of neg rates (which would encourage banks to hold foreclosures keeping prices up).
I think everything would be turned on end before we see another correction like 2008. There was talk of martial law, tanks on Main St back then if the banks weren't immediately given TARP which was supposed to isolate the "bad things" but was just used to float balance sheets until Obama was elected.