Is now the time to buy real estate? When will property values bounce back?  My crystal ball is a bit fuzzy on that question.



If I didn’t have two daughters in college, I would be purchasing income property or homes in neighborhoods with good school districts, such as La Canada, La Crescenta and certain areas of Glendale. Or desirable neighborhoods which aren’t subject to rent control such as La Canada, La Crescenta, Pasadena, Burbank or Glendale. I would remodel and rent. 

Interest rates are at historic lows and they cannot remain at these artificially low levels for much longer.

In my humble opinion the only way to get the United States economy out of this mess, is through inflation. Housing prices will increase as well as interest rates. And those who were ready, willing and able to buy when interest rate were at shockingly low levels will profit.  

Real Estate millionaires will be made. Will you be one of them?