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scottsdale realestate blog johnhall dpatricklewis patrick lewis: Ignore the Headlines, Thanks Time Magazine - 03/20/08 09:43 AM
 
The February 25th article in Time magazine entitled "Ignore the Headlines" makes a great case for not waiting to buy, stocks or real estate.  There are many home buyers and investors waiting to buy right now because the real estate market is in a slump, they are trying to time the market just right to maximize their profits.  The only problem with that strategy is that it seldom works, especially if your buyers will need financing to complete the transaction.  Interest rates and financing costs will rise as housing sales increase, therefore trying to time the market may not pay off … (2 comments)

 

D. Patrick Lewis

Scottsdale, AZ

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John Hall & Associates

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