The Real Reason the Housing Rebound Can’t Fail
Despite the predictable rebound of the U.S. housing market and national home prices marching up 10% plus per year, there are still a few that enjoy questioning the strength and longevity of the recovery. So how do we know the housing rebound isn’t going to fall apart? Statistics and cycles aside there is a far more powerful reason that the current upturn in the U.S. real estate market won’t be derailed or run out of gas for years to come. The truth is, all you have to do is turn off the news for a moment and pay attention to what is going on in the street. In most circles around the country there is an incredible amount of optimism about the resurgence of residential real estate among the public. People really believe and trust in the housing rebound despite news of increasing foreclosures, and they are ready to bet on it. Go for breakfast at McDonalds, get out for a coffee at your local Starbucks, or snoop on a few Facebook conversations, and you will find people talking about real estate, buying a home and investing all over the place. People are looking to buy new homes, scoop up vacation homes, and they are even recognizing the immense power of direct investment in real estate. It’s been proven true again and again. Everything from doubts about the stock market to companies like Apple, and now with the housing market; they become self-fulfilling prophecies. Right now we have the whole world betting on, counting on and believing the US housing rebound. In fact for many it is their one saving factor; it’s what is keeping them going and giving them hope for a bright future. That’s a lot of positive energy backing it up, and whats even more, real cold hard cash. If you choose not to take advantage of the current real estate investing opportunities that’s up to you, but then you could be hurting yourself with lost opportunity costs. There are a thousand other sprinting by you to enjoy the benefits and rewards. Your loss is their gain.