01-02-2010, 12:43 PM
I disagree with Kathy. The highest point of the real estate market was in November of 2005 and most people on the funny mortgages were locked in for three years, so we are past of the adjusting period. Those home owners either already have been foreclosed on or they already "survived." The REO properties will dry up and the real estate market will rebound after that.
If you bet on the stock market, go with the emerging markets, those stocks are the first ones to take off in a recovery.
Aloha,
John S. Rabi, GM,PB,ABR,CRB,CM,FHS
808.327.3185
johnrabi@johnrabi.com
http://www.JohnRabi.com
Typically Tropical Properties
"The Next Level of Service!"
If you bet on the stock market, go with the emerging markets, those stocks are the first ones to take off in a recovery.
Aloha,
John S. Rabi, GM,PB,ABR,CRB,CM,FHS
808.327.3185
johnrabi@johnrabi.com
http://www.JohnRabi.com
Typically Tropical Properties
"The Next Level of Service!"