Confidence is Key!
Confidence is key!
I wonder about so many people pulling their money out of the stock market. What are they doing with it instead?
Will they consider real estate? Willamette Valley real estate market is a perfect option as interest rates just dropped to below 6%, prices are down, Lebanon is building a medical school complex and big box distribution center. People are still migrating to our state whenever they can get their home sold in their states of origin. If a home is a bundle of commodities that go up historically 4%, it stands to reason, that the real estate market has inherent value as an asset. As an investment, will there be more renters now that it is harder to get a loan? Investors may well want to consider real estate as the option of choice.