Real Estate Roller Coaster
Brian Flounders wrote this on April 4th, 2007 and filed it in Walk the Web.Want a visual as to where the home prices are headed?
I think I am safe in the Philadelphia market, as I have read and heard that the Philly market is desirable and sustaining growth. (FYI, Jay Lamont hosts “All About Real Estate” on WPEN 950 on Sunday mornings from 10 until 12. I recently setup my computer to record it for me since I’m usually sleeping or busy. Very informative, great guy) Anyway, when dealing with the Real Estate market as with dealing with Real Estate in general, the saying’s the same: “location, location, location”… to compare a local market nationally sometimes does not make any sense. The Philadelphia market is still hot, says I.
The Jersey shore, on the other hand, has cooled off. But having acquired 300% equity in the house over the past 4 years, I think I can handle a down period for a little while. Back to work… Thanks Josh, for the clip. Interesting visualization.


