- Posted May 21, 2014 by
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Paymen Ghaderi Is Starting To Hear More Talk – More Talk Of Another Bubble Forming
“Yes, though lending has tightened significantly my cultivated evaluation is this is a bubble, but a flight-to-quality bubble, simply defined as ‘today's buyers have money, are planning to stay put and are not flippantly buying with intentions to immediately flip.’
Quality buyers seeking worthy properties and a steady lifestyle is what my calculations seem to foretell the very near future holds.
As you know traditional office users in industries such as finance, insurance, real estate and legal, with a few exceptions, are unlikely to move out of the high rise to a vintage low rise with exposed brick or an industrial building with 14 foot ceilings.
Complicated but true, these industries are steeped in history and generally have stricter dress codes and prefer to be located in structured, traditional office space.
We will experience rates rising and since we have been spoiled by great rates for quite some time now this will be a lifestyle change for some but, to me, anything below 6-7% is great!
If you are thinking about buying a home and are qualified at a certain amount, strike now while the iron is hot! If you do not, the amount you are qualified for will slowly dwindle. Now is a good time to buy if you can afford it!” said, Payman Ghaderi