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“Halfway through the year real estate markets across the country hold different potential for investors and favor different investment strategies.” That’s according to Ingo Winzer, a Forbes contributor.
Winzer believes that markets like Miami, Denver and Los Angeles are overpriced and that their “bubbles” could possibly burst.
“Some currently see moderate demand but have good economic growth—how will that growth affect future prices? And some are enduring mediocre growth and modest demand—how do you invest in a stagnant market?”
Winzer says not to believe all the good news coming out of this economy. For instance, jobs, a big driver of the housing market, are slowing down. In recent months the national rate of job growth was 1.5%, the lowest in years.
Jobs directly drive demand for single-family homes and for rentals. They also drive consumer spending, the backbone of the economy.
The man has a lot to say.
Read on HERE:
Consider investing in a professionally managed portfolio of single-family homes? Please contact Harold Willig at harold.willig@springviewinvestments.com or 917-209-4452.
Harold Willig is the Manager of SpringView Investment Management, LLC, which he founded in 2012. Mr. Willig also served as HFZ Capital Group’s Chief Financial Officer and was responsible for the oversight of HFZ's Finance and Accounting team. He has over 16 years of finance and accounting experience.