The Nice Part about Getting Old

The nice part about getting old is that you’ve experienced more than most people – and that includes real estate cycles.

U.S. housing prices are at record highs today – and are currently rising to more elevated levels at an accelerating pace.

Is this another housing  bubble that will end in tears?

Probably.

Is it time to ring the register? 

Probably not.  Most major U.S. housing markets are still experiencing strong upward price momentum – so you might want to take advantage of that.

But there will be a time to lock-in your gains.   

If you don’t think this cycle will repeat – you’re contradicted by history.