Years ago - probably about 29 Years Ago -- the 1st Broker I ever worked for said this.
At that time, he had been a Real Estate Broker for 34 years. So, I took him at his word. And, he has been correct ever since. Well, he passed away in 1993, the year I upgraded my license to Broker from Salesperson.
And, ever since those long gone days, a lot of what he advised has proven true.
And, since it is late September, "and I really should be back in school," (Thank You Rod Stewart!), it is getting very, very close to NOT closing another Escrow in 2020.
But, given everything that has happened this year, I still had a pretty good year real estate wise.
Yet, I do believe deep down, we are heading in the wrong direction and the economy is going to take a tremendous hit.
I guess the only thing to do is hunker down, brace yourself and ride out the storm as best you can.
AND, there will be another bunch of homes available post foreclosure in the next 12 months.
So, be prepared -- as the Boy Scout Slogan states!
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