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30 Oct

Omigod… does the Sacramento Bee like real estate now?

Posted October 30th, 2007 | View Comments

Unwarranted sarcasm, I know. But it always draws the readers… oh well, blame me for being a little dramatic.

The Sacramento Bee published an article recently that got pretty strong responses from both sides of the housing debate. You can tell which side of the debate I’m on by now, I’m sure, but I thought the article was also something to read just from a historical point of view.

All real estate is local and the only way you can predict future behavior is by noticing past behavior (okay, enough cliches!) so I think it’s important that we read this article which appeared last week.

It’s a good reminder that while the market is down now, once it recovers, chances are the recovery will be quick and prices will soar like they have in the past.

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