Every wondered what the 2008 Financial Crisis was all about? The Big Short by Michael Lewis is a good, gripping book that explains much of it. I highly recommend it.
But what are some of the lessons we can take from this crisis as outlined in the book?
Locally (Boulder and Broomfield), we saw home sales drop by 11%.
I just had breakfast with a real estate friend of mine and he mentioned that ranch homes, particularly in the Frasier Meadows subdivision, are some of the most rapidly moving.
Who would have thought that?
This is not a particularly good time to sell your home, but if you’re buying then it’s definitely in your favor.
