The Real Deal-Real Estate news update.....
Oct 02, 2014
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This is the last year of low mortgage rates....
With 36 years years of experience please adhere to my advice.
Putting it simply like life itself, there is a beginning and there is always an end. During 1979 to present, October 2, 2014 I have witnessed the fluctuations in home prises, and mortgage rates for decades.
For those who were to young to remember in the early 1980's mortgages rates hit 17%. A fact, and you can google everything I am telling you.
Home prices were low, but rates were sky high. Now you have home prices sky high and still climbing and low, low mortgage rates.
If you haven't bought yet this year, this may be your last opportunity.
I am making you aware with my experience, that the end is near.
What happens next year in 2015 may surprise you and even shock you.
Cause and effect.....
If you learn from the past you can be prepared. The cycles of Real Estate, mortgage rates, the economy, the stock market, and events around the World, determine which way we will be going for the next 5-10 years. I am not trying to alarm you instead trying to prepare you of events that may occur real soon.
Since 9/11 look at World events. Look at our Country, and Middle East Countries, and now for the first time, look at what is going on in China. Read and educate yourself on current events. Even if you already purchased a home. See by googling the top 10 best selling books today on the market.
Be ahead of the curve. Life is full of bumps and hurtles. Just know how to deal with it when it comes and you will be okay.
Your typical Real Estate Broker, does not write hundreds of Blogs, or articles in web sites, & newspapers like I have done for 36 years.
Being unique is an advantage, helping buyers and sellers is my job since 1979.
References.....Read the new Book-The Collapse of China.
Read the new Book-The coming depression in America.
Jim Turano/Broker-Diverse Real Estate-Middle Village,NY