Time to sell your house if you have one.

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Published on Nov. 29, 2016

Popular opinion is that strong prices in real estate are a good sign for the economy.  This is a case where the consensus view, as is usually the case with markets, is completely wrong.  We're at the top of the market right now, it my continue to rise for a year or two or ten, but what goes up must come down and real estate is no different. 

 

Indeed, one of the advantages of the incoming Trump Administration to those less concerned with scruple than profit, is the high likely-hood of dramatically reduces prices for assets of all kinds.  If you want to make a profit on your house, put it on the market and start renting before the next round of foreclosures hits.

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