Southern California Housing Market
Can I ask you a quick question? That's usually how a lot of conversations about Real Estate start and the question usually pertains to what I "think" will happen in the housing market in the near future. I appreciate being asked however I always want to give the same disclaimer I always read from Vanguard when I get a new stock purchasing idea "past and present results are not an indication of future performance". Yeah yeah disclaimer mumbo jumbo. What do you really think?? My answer has been, for the last few years, the same...I think we have more people than good housing for them, which drives demand. Now I dont think we can continue to see prices rise another 10% year over year like we did 2016 (http://research.realtor.com). I dont know where the roller coaster will end but I do believe we are definitely still leaning back and heading higher. First ever blog post. Yay