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RE: The Potential For Another Real Estate Meltdown Is Rising, Here's Why. By Gregory Mannarino

in #money7 years ago

@marketreport I'm actually in real estate where I flip homes. The market keeps rising year after year. With less inventory currently in the market it is driving prices up. Just two months ago once I had a house renovated I decided to list the property by 25K more than I first estimation due to the lack of inventory. Believe it or not I got an offer within the month. I do believe everything is cyclical and with all these high prices I believe foreclosures are being held back to keep the market from falling. What do you think?