We Have Bottomed!!!

We have bottomed, now it might be a little rocky....

It is time to start telling people it has bottomed, will we still experience a small price decline in homes? Will we still see another round of foreclosures? Will we still see investor confidence dip? The answer to all of these questions does not necessarily even matter. We are in the buying trough and trying to time the bottom is irresponsible investing. We are seeing 30% of foreclosures bought with cash in California, only 6.7 months left of home inventory... The numbers are out there, affordability is key. I am lucky enough to be surrounded by the top experts in the bay area, both in our advisory board and our Americap team. There is a distinct supply and demand issue that will continue to build. This continues to help our business model as we are acquiring 10,000+ residential single family lots. I would like to see discussion in the comment section of this page, please let me know your thoughts on investing in foreclosure homes vs. investing with a particular company meant to take advantage of the current market.