Many of us, who are contemplating buying or selling real estate, are trying to predict the real estate market and reduce our risk of making a bad financial decision.

A question is usually asked, "Is now a good time to buy or sell real estate, especially a residence?"

Those wanting to buy may be concerned about purchasing a residence that may continue to lose value.  Those wanting or needing to sell are worried about trying to get out at least what they have invested plus some appreciation.  If they don't have to sell now, they be considering holding off until the market improves and stay in the house or rent it.    So, what's the best answer?

The simple answer is, "It depends."

Please let me explain...

Is Now A Good Time to Buy or Sell Real Estate?

Copyright 2008 by Lawrence Yerkes. All Rights Reserved.