Is your glass half empty or half full? Some economists are painting a rosy picture for the market in Syracuse, NY. Your agreement with their assessments may depend upon your investment personality. Lawrence Yun, chief economist with the National Association of Realtors is optimistic about the Syracuse market these days. Predicting an upward trend throughout
Overvalued – Undervalued and the matter of Emotions
No matter what mathematical equations we apply to the equation of a real estate deal, the human factor can always take over. Facts and figures help greatly in trying to establish value, but when emotion takes over the math goes out the window, and sometimes the deal. The true professional makes allowances for the emotion of the deal.