Rattlesnake Bob

Prepare for Shock and Awe in the New York City Real Estate Market

As a real estate investor, not in New York, I was once caught in a horrific downtrending market that bottomed with a 75% decline. Within twenty years, that real estate appreciated 900% from the lows. If you are going to play the real estate game, you must have deep pockets, but better yet, you must sense the cyclical nature of real estate and buy it when no one else will have it. From my perspective, I don't think New York real estate is even close to a low, yet.