Well, another year, another gobble gobble as in investors are gobbling up great real estate deals because they know that the rental market will be very strong next year and on to 2014. It's as if we are traveling back in time to an earlier year where people rented more than owned.
The European markets are drowning in debt and we are thankful that the USA is not quite in that bad shape.
We are thankful that the Latin American markets are doing well. And we will be eternally thankful to them if they don't forget that we are friends except of course for Mexico who cares not for its people, and who sees the United States as a rich uncle who owes them everything. And thanks to the drug cartels--nine fighting it out in the border town of Reynosa alone, the border states real estate is booming, but the culture is suffering and the cultural clash is reaching the boiling point.
What does all this have to do with the State of Real Estate? Well, it's Thanksgiving and we are thankful that we can take a break, enjoy our family and pray together that the good ol' USA will survive