Sugar Blossom

After there’s been a seller’s market for awhile, the news commenta­tors on TV, the radio, and in print will sometimes begin talking about a “real estate bubble.” They will begin forecasting that the market, which may have gone up for a few years, is ready to crash. They may speak of a “real estate bubble” about to burst.

Keep in mind that historically, real estate has tended to go up, and then go down, very roughly in seven-year cycles. If you’re early into seven years of up, it’s less likely the market will go “bust.” On the other hand, if you’re late into the seven-year cycle, the market may be ready to swing the other way.

Here’s some things you should know about real estate turnarounds:
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