Quote:
Originally Posted by rsmlp
Makes me relieved that we bought in 2015. At that time I was a little bummed that I didn’t buy a year earlier when I think the market was lowest coming out it the recession. I’m not complaining now. On the other hand, it’s all a big cycle. Eventually the market will calm down and prices will revert.
|
Quote:
|
Originally Posted by rsmlp
Calm down, yes; REVERT? Seriously doubt that. Occasionally prices come down a bit but rarely do they revert to previous levels.
|
I agree prices never revert back to previous levels, they may drop a bit. The only exception was the mortgage crisis. Now if you were smart enough to buy in the lakes region in 2008 or 2009 you are sitting on much appreciated piece of real estate.
Sent from my iPhone using
Winnipesaukee Forum mobile app