Originally Posted by
Big E 757
I think it was John Gruden who said “ When opportunity knocks, it’s too late to prepare.” Anyone who had cash on hand after the 2008 crisis, had their pick of cheap high quality stocks or real estate investments. This pandemic, not so much. Yes, there was a substantial drop for a month or two in the markets, but real estate never got cheap, in fact, just the opposite happened.
Word! Its absolutely crazy to me to see the real estate market the way it is right now. I have been expecting a correction, but it just keep going up and up. Stuff is going above ask with competing offers, the day it hits the market. Selfishly, I'm hoping for a correction in the real estate market since I'm hunting for my "forever home."