mortgage options: The Other Market - A Buyer's Market
- 03/08/08 03:12 AM
We are a country of consumers. When prices rise as with gasoline and other commodities, we don't like it because we are the buyers not the sellers. When prices begin to fall on occasion we feel better about making a purchase because this is a market we want - lower, descending prices for the same product. Though the price of commodities will fluctuate they will never be as low as they were in the 1970's and everyone pretty much accepts that as fact. Real estate is no different, prices will never be as they were in the 1970's. We are in a buyer's market, … (1 comments)
We are a country of consumers. When prices rise as with gasoline and other commodities, we don't like it because we are the buyers not the sellers. When prices begin to fall on occasion we feel better about making a purchase because this is a market we want - lower, descending prices for the same product. Though the price of commodities will fluctuate they will never be as low as they were in the 1970's and everyone pretty much accepts that as fact. 
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