Should You Fear a Property Bubble In Pensacola?

Should You Fear a Property Bubble?
December 9, 2006
Aubie Smith, President of the Pensacola Association of Realtors

........."You don’t have to be Donald Trump to see that these past forecasts were not accurate. That is not to say that all deals are great in every market. To be assured you are getting the best deal, contact a professional real estate agent who will be able to provide you real-time comps for properties and can quote the current value of properties as opposed to that of 2005 when prices escalated.

History has proven that real estate generally goes up in value and rarely depreciates. If you buy in a promising area with a professional Realtor and lender on your team, how can you go wrong? Step outside the bubble!"