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Top 10 Reasons NOT to wait for the market to “bottom out.”

10. Be patriotic, boost the economy: It’s the right thing to do

9. The bank owned deals may not continue if they are bailed out

8. Current inventories are HIGH

7. You can pretend your rich and don’t care

6. Interest rates are low

5. “It can’t get much worse”

4. Construction prices are currently LOW

3. Your Realtors’ Mother needs an operation

2. The best properties will be gone

1. You don’t know you’re at the bottom until prices have gone back up

Posted by Brian Faulkner on 10/29/2008 03:32 PM

Comments (6)

Pine Island Buying in the Home Buying Channel

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6 Comments on Top 10 Reasons NOT to wait for the market to “bottom out.”

OCT

2008

Nice list! We love top 10's. hehe. You're definetely right about #2. Usually those who wait and get greedy miss out on the good discounts. I think we're closing in on that time. Thanks for the post and continued success in all your future real estate endeavors.

Hilarious! We need some humor in this current situation.

Buy, buy, buy.

So true, so true. Who has the luxury to wait anyway?? We have to act and work harder to pay the bills. I'm having a good year actually.

Hilarious! Although, come to think of it, number one is absolutely correct. I actually had that conversation with a friend a few days ago. She was waiting to buy investment properties until the bottom was hit. She asked me when that would be, lacking a crystal ball I told her I didn't know but a good indication would be when prices went up :-)

You can not forsee the future but real estate is the best investment. It will eventually go up.

OCT

2008

Nice lists. I wish people will listen. Only if they have the money.

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