Today I went to my seminar for the week, filling myself with knowledge. The presenter said what I had been thinking. Who can predict the future of real estate pricing, especially in Florida. One billionaire real estate investor was very optimistic even with the shadow inventory coming in 2011. While others were doom and gloom. Who really knows? Does anyone have a crystal ball?
Gorgeous sunset in Dunedin Florida
Today I am feeling pretty optimistic. Wrote two offers this week. Listed 5 new properties in the past couple of weeks. We live in paradise. How can real estate pricing decline for 5 years? As I said years ago, we are just reflecting the bell curve of the boom of 2003-2006. Like the stock market, it is pretty predictable in long swells. What goes up must come down. In the past 100 years, real estate pricing has increased 3.25%-4% per year on an average depending on where you live.
Today is a good day!
Jeanine and Howard Metts
Metts Group at Future Home Realty
2653 McCormick Drive, Clearwater, FL 33759
Phone: 727-418-5224 or 727-631-4191