One Person’s ‘Dip’ is Another’s Opportunity – The Importance of Perspective

We’ve said it before and we’ll say it again.  National predictions in real estate and other locally driven markets are often misleading and more a referendum on either the global/national economy or a particular pundit’s ego.  Sure, areas in Florida are still down over 60% from the peak, but San Francisco is up 19% from its bottom.   The nuance of a neighborhoods vitality is most often the best predictor of a home’s future value.

This article in the Realty Times, while perhaps leaning towards the optimistic side of balanced is a good shout out for balance and rationality in one’s decision-making.