Everyday there is a new report or article on the gains in the real estate market. For those who were able to weather the 2008 storm and those who bought-in after the crash, its good times to be had by all. The news is not so good for those who got burned in the last crash. There are pros and cons and certainly lessons to be learned as today’s market has some of the same markers of the pre-crash era.  Because the market never keeps going up (like it has over the last 5-7 years), the day will come when there is a financial reset. Doesn’t really matter the cause or the trigger of the downturn, cause the results are the same. Another downturn will only exacerbate the ever-increasing rental rates and those who are currently paycheck to paycheck will get caught in the next round of real estate woes. Now is the time to position yourself for the next shakeout. Reduce your debt and increase your income now during the glory days in order to withstand the desert winds that will eventually blow across the nation or perhaps the world.

~ H2