Two things matter the most in real estate: location and timing. We lived in San Diego during the housing bubble of the late 2000's. Prices went down as fast as they had gone up. If you had bought at the wrong time, the results could have been devastating. As a result of the bubble breaking, a flood of foreclosures came on the market. Real estate agents began organizing "foreclosure" tours, renting buses and driving 10-15 investors around. Criminal minds found ways to scam the system. Entire cul de sacs were left vacant with perhaps one house still occupied. When a house goes into foreclosure, it's much more than just a financial matter. It's about memories of dinners and games and birthday parties. It might have been the living room where a child took their first steps. The walls held more than pictures; they held stories. The same is true when…
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