The analogy is the heading on this blog. Those with a strong appetite for risk boarded the train 18 to 24 months ago or so, and for a while they had to sit and wait at the station until others – also patient investors – boarded as well.
Since last year we have begun to observe price appreciation in certain areas of Miami and particularly in specific buildings in the Brickell-Downtown area. With this in mind, you can argue that is time for the more conservative investors to also board the train. Traditioanlly, these investors prefer to see a real estate market that is showing steady signs of improvement before they invest.
But what you want to avoid is a train like the one on this picture. Because if you are an investor and by any chance you could see your face in the photo shown here, then is too late to jump in and buy. You might fall and get hurt, because the train is already moving at full speed. WE ARE NOT THERE, NOT YET!
As the title implies. “The train has left the station, but you can still jog to catch it… no need to run… not yet!” WE BELIEVE IS TIME TO INVEST and DEALS are still in abundance, get on board before the masses do!
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