Wednesday, June 17, 2020

Real estate and the 5-year outlook

One thing about the real estate industry.

If you were to ask them today what the housing market will be like in 5 or 10 years' time, they may hum and haw about pros and cons but tell you that there's no way of knowing what conditions will be like in 5 years' time.

However, I have never - ever - heard a standard real estate agent say that now is not a good time to buy a house.

So, really, they do know what the market will be like in 5 years' time: it will be a great time to buy or sell a house.