We all know the saying…”The Perfect Storm” we I believe we are at that moment in history for real estate. After almost 6-7 years of price declines throughout the US Real Estate markets, we have come upon a moment where the opportunities are abundant. With homes sales rising, inventory of homes dropping, the lowest mortgage rates in history and stabilization and increases in home prices across the country now is the time to buy Real Estate. Historically in Southern California home values on average have increased by just over 9% annually, of course there are ups and downs in between cycles but Real Estate has always proven to be one of the best long term investments.
We also know that inflation will be coming soon and traditionally when inflation comes real property tends to rise significantly. In my 23 years of selling real estate never have I seen such an opportune time to buy and hold real estate.
The Perfect Storm In Real Estate.
