BOOK EXCERPT FROM THE BOOM AFTER THE BUBBLE: ANDREW CORDLE
And that leads to the obvious question: “What’s coming up next? What can we expect to be the next cycle in
real estate?” Well, there’s no way to know the future 100%. There’s no way to guarantee what will change.
But, there are some telltale signs to watch out for.
Let me point out here that it’s not just me
saying it’s a wonderful time to pursue the
prospects available right now in real estate.
Wall
street
says
there
is
incredible
opportunity in single-family homes across
America at present. And for one of the very
first times in America’s history, Wall Street
has made a move on Main Street. By that, I
mean that Wall Street has now formed
major hedge funds, which are competing
with investors nationwide. So we watch Wall
Street.
Some of the largest hedge funds have bought twenty or thirty thousand homes in their first year of business.
This amount is equal to 99% of the inventory that ALL investors across the nation would buy altogether, in their
lifetime. And some of these hedge funds have bought that many in one year. But then, you have to look at a
mode