Wednesday, March 14, 2007
Larry Souza is amazing. He presented his annual economic update to the Bay Area Apartment Brokers Forum today. As far as my interpretation of the data is concerned, this is a good time in the cycle to buy and then hold. Eventually, as all cycles go, we will be on the decline. Though this should be at the beginning of the next decade. Good timing to buy, adjust, remodel, re-tenant, etc. Then weather the storm. Great interest rates help too, so lock in for 10 years.