For those who like metaphors, let’s liken the Logan real estate market to surfing.
An experienced and alert surfer can ride the crest of a huge wave, understanding that sooner or later, that crest will break. He anticipates and prepares for the break by sliding down the wave so that when it breaks, the surfer can glade in toward the shore still on his feet and ready to go out again.
A reckless surfer may ride the crest of a big wave, and hope as if it will go on forever. However, because he hasn’t noticed the signals of the breaking wave, when it does break, he is un-prepared and he crashes with the wave and goes under.
Cache Valley homes have risen and fallen like the waves in the ocean. There have been, and will be, crests and breaks, ups and downs, but a historical chart will clearly show an upward value trend for Logan real estate. The trick is to gauge the market and your ability to ride out the volatility that is to be expected as part of the historically inevitable appreciation of Cache Valley homes.