It’s June and the beginning of the “summer selling season” for real estate in Valmonte. Instead of a bunch of flowery talk about how great everything is about the market, I’m going to go out on a limb and dare to be more realistic than perpetually optimistic. The local real estate market is setting up for a price correction. The bigger question, and one I don’t have an immediate answer to,...
Spring greetings from our humble abode here in Valmonte. After a bumpy start in the stock market, I write with the prospects of a great year ahead in both the overall economy, as well as the local real estate market. The Valmonte real estate market is coming off a strong end to 2017, and a robust start to 2018. In fact, in the last 24 months, no home in Valmonte has sold for less than $1,000,000! In...
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