Believe it or not, this is what Wall Street is trying to hide from us during the recession.
As you may all know, everyone's hesitating to buy a home in today's housing market, and it's all because of the media scaring the public about the housing market crash.
While this is happening, big firms like Blackstone are preparing to buy billions of dollars' worth of a real estate. The lack of demand pushes the prices down, and once the demand is back up, guess who's going to win - the big fish.
These big firms know that there's a shortage of single-family homes, especially in our high-cost area of the DC metro, Northern Virginia (Arlington, Alexandria, Fairfax, Loudoun & Prince William) where there is a huge demand for rental properties. They're not wasting time buying them so when prices go up, they reap all the profits. This means, that if anything, the current housing market is an opportunity market, not a bubble.
Do you have any questions about the current market, and want to know how you can buy/sell a home? Let's team up!
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