Halloween is Upon us! You Can't Enjoy your Equity after your Dead!! The Time to Sell is Now!!!

As I sit here, Pondering the Real Estate Market...Watching inventory disappear with each passing week. I wonder. How long will it be before You Decide to Get Top Dollar for your home? Home Prices are Up....Way Up....and History shows what happens after this part of the Real Estate Cycle. It goes down...Way down...and we start the cycle again.

We are reaching the tip of Phase II and entering into Phase III . If I were considering moving in the next 2-3 years. I would probably make that move now. Rent for a couple of years to see the market rebound and then get back in. With COVID and the way the nation has changed. Jobs are going to be popping up in different areas and disappearing in other areas. Some jobs are going to move to a remote type of employment. Remote means you can pretty much live anywhere. Mt. Charleston sure is nice in the summer. If your considering a move in the next 3 years. The good news is that the FED is expected to hold these historically low interest rates into 2023. That is just enough time for any of the coming downward cycle to run it's course. We will come out of it pretty quickly in my opinion. I don't expect the down part of this cycle to last as long as the 2008-2011 phase III and IV.....But what are your plans?! Give me a call and I can help you get to your goals..

Jacob Mitro

Life Realty District



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