Fear of real estate markets going down in Arizona

2 years ago
7

"Fear of the market going down can become a self-fulfilling prophecy" Michael Orr of the Cromford report.
We base many of our financial decisions on emotions. Follow the herd.
Right now we see investors starting to take some profit from their past home purchases and we need to welcome that.
We need Wall Street to get out of housing.
But if they start selling in mass with that bleed over into the regular homeowner and give them the fear that they must now sell?

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Rick McHone
Realtor with EXP Realty
http://www.Rickhelps.com

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