John Burns reminds us that every down cycle equals beginning of next up cycle
In the current residential market, there is a lot of fearmongering going on. To be sure, it is challenging for builders, real estate agents, sellers, and others to stay positive when homes remain on the market for months on end.
Last Wednesday at the WCAR lunch meeting, I was encouraged (and educated) to view John Burns excellent video, Housing Cycles: Lessons Learned.
The team at John Burns Real Estate Consulting posted the video on YouTube at the end of March, and I'd also like to share it with you here. It's only about 7 1/2 minutes long, but very informative and very enjoyable to view.
(If your house could talk, what would it tell you?)
Tshombe
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