Could World News Effect Buffalo Grove Real Estate?

Is Real Estate Effected by World Events?

World EconomyIf any of you still think the United States is an island by itself, all you have to do is look at what the markets have been doing the last few days, and especially today. We are in a global market and economy, whether we like it or not.  I believe the good that will come out of this is countries, more than ever will want to invest in the U.S. and still buy our debt. We are still the best choice out there. Some are thinking it could cause a “run” on the real estate market, but I think that’s a stretch.

The real estate market market is still chugging along, just like the little engine that could. Rates are still good, inventory is selling and prices are still bumping around the bottom. Remember, Hogs Get Slaughtered-but Pigs Get Fat. If you find a house you like, don’t wait for the price to come down, make an offer with your price reduction in mind. The worst that can happen is you’ll purchase a house that you love.

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