A: Trifecta is defined as - any achievement involving three successful outcomes.
Q: So what’s a Reverse Trifecta - where you have one successful outcome based on three achievements?
A: Our current real estate market!
Foreclosure homes and distressed properties make up about 25% of the nationwide real estate market (source link). That impact is being felt even in Maryland where regional job security is stronger than most areas in the country. So by my definition here’s the Reverse Trifecta. The three achievements leading to the successful outcome are 1) deeply discounted home prices 2) historic low financing 3) good jobs.
The result is a once in a generation opportunity for home buyers. Call me and let me know if you know of anyone who might want to take advantage of this great market.