Excerpt from: Flagstaff Real Estate and Community News
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| October 29, 2007 | | Founder of RE/MAX and Veteran Real Estate Guru Gives His Forcast to Time Magazine | It’s hard to find long-term perspective on investing – whether in real estate or the stock market. Yet, when experienced people give financial advice, they always advise to look at the long term. Here’s what the founder of RE/MAX International had to say to a Time Magazine interviewer recently. Click here for interview in Time: Dave Liniger talks about the real estate market. In Flagstaff, our price drops have not as far as in other parts of the country and our foreclosure rate is not as heavy – perhaps because we’re significantly a second home market. But, I agree with Dave Liniger that Flagstaff is not likely to see an upswing in prices until Spring 2009 (18 months from now). Technorati tag: real estate market | |
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