Don't Get Caught With Your Pants Down When The Real Estate Market Takes a Dump

Don't Get Caught With Your Pants Down When The Real Estate Market Takes a Dump

So when is the real estate market bubble going to pop? 

I don't know I don't have a Crystal Ball!

The last crash happened by surprise in around 2007-2008 catching thousands of home owners by surprise, most people didn't see it coming.

So it's been around 10 years since the last time the real estate market took a dump, so that being said it could happen anytime.

Will another real estate market effect different states and cities across the country?

Of course it will be different across the nation.

Believe it or not there are several major cities and towns with banks sitting on foreclosed homes even 10 years after the last crash. Can you imagine what's going to happen to these cities and towns after another crash?

Well I can tell what will happen after the next crash coming to a state, city or town near you!

There will be foreign investors, billionaires (and some local) millionaires coming around like it's no tomorrow, and paying CASH on approx 50-100 homes. They will be purchasing directly from banks if possible, saving money by buying them before they hit the market. And then they will rent these homes to either people that lost their homes in the crash and or that can't afford to buy them because the prices are jacked so high from supply, demand and super inflated prices.

"It's a Never Ending Story"... wasn't that a movie?

I really don't know what to say folks except the next real estate crash will come like

"A Thief In The Night When You Least Expect It"

So prepare yourselves, put some extra cash away because if for some odd reason you lose your home the banks and the government will be squeezing you for money.

And please refrain from saying ... Who would have know? Why didn't anyone tell us? Why did this happen to me?

Because I told you so in this post and what goes up must come down, it's part of life.

POSTED BY

Robert "Vegas Bob" Swetz  

Direct: 702.443.7156      

If you are interested in Investment Properties in Las Vegas and the State of Nevada I can help you with all your needs.

Las Vegas continues to be a very fast growing city with some great opportunities for employment, retirement and much more. Las Vegas is surrounded by many other places & cities of interest like Lake Mead, Salt Lake City, Zion National Park, Arches National Park, Grand Canyon, Los Angeles, Laguna Beach, Huntington Beach, Monterey Bay, Carmel, San Francisco, Newport Beach, San Diego, Reno, Phoenix, Yosemite National Park, Lake Tahoe and more.

"Have a Wonderful Day"

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Robert (Vegas Bob) Swetz

Chinese Investors Continue to Increase Home Values Across the World

 

Chinese Investors Continue to Increase Home Values Across the World

Robert Vegas Bob Swetz has been putting his feelers out around the world trying to find out "WHY" home prices across the world continue to increase.

Vegas Bob doesn't mean to pick on the Chinese but multi-millionaire's & billionaire's from China continue to purchase homes around the world in major cities. 

I just found out from my tax man in Las Vegas that was born & raised in Australia that the Chinese continue to purchase homes in Sidney Australia and have their children go to schools in Sidney.

The main problem is the average home in Sidney because of this is now going for around $2,000,000 dollars ... WTF?

  

Another major city that continues to grow in over inflated home values is San Francisco, because the Chinese and other investors from the world continue to purchase homes. 

Average home in San Francisco is now way over $1,000,000.

Another major city that the Chinese continue to purchase homes which is jacking the home values up is Vancouver Canada. Average home price in Vancouver runs about $589,795.

Now there are other cities around the United States and around the world that are getting jacked inflated home values because of the Chinese investors and others from around the world.

My question would be is this really a good thing having Foreign Investors purchasing all these homes in cities across the world?

And how are they getting away with purchasing these homes when many of them don't even live here? 

And with all these inflated home values in so many cities with great employment, how will so many Americans be able to afford these high prices?

Vegas Bob thinks something needs to be done about this problem because it seems to be getting out of hand ... ;o(