market bottom: Will Huge Increase in Inventory Drive Home Prices Further Down?
- 06/11/10 05:45 AM
First to start with a disclaimer: Even if the opinions and predictions in this article are 100% accurate – it does NOT mean you can’t buy or sell a home. It just means you have to work with a Realtor who is staying on top of the dynamics in the market place. It’s always been my feeling, in all walks of life, that most bad outcomes are the results of “flying blind”. ———————– We all keep waiting for the market to hit bottom and then rebound. That may not happen for a while – a long while - according to an … (1 comments)
market bottom: Looking for the bottom? The first place you'll see it will be in your rear-view mirror.
- 07/02/09 12:57 AM
A lot of people shopping for houses today are moving very cautiously towards making a purchase as they keep their eye on the depreciating prices of houses. Everyone wants to buy at the "bottom" of the market - which is a natural feeling - who wants to buy something today and have it be worth less in 6 months. One of the challenges with this is that we are not going to know when the bottom hits until we can look back and point at it in our rear-view mirrors. Once prices start to rise at some point, we will know, … (0 comments)
market bottom: When Is A Seagull Like Buying A House?
- 06/24/09 06:26 AM
I heard an interesting parabolic riddle (I always wanted to say that) by an author on one of the morning television shows a while back. I was also on the phone, tripping over the dog's water bowl and trying to make breakfast at the same time so I didn't catch the name of the man who was talking. When my brain processed it a little later on it really struck me though. If there are four seagulls sitting on piece of driftwood and one of them decides to fly away, how many are left on the driftwood? The answer is four. … (0 comments)
First to start with a disclaimer: Even if the opinions and predictions in this article are 100% accurate – it does NOT mean you can’t buy or sell a home. It just means you have to work with a Realtor who is staying on top of the dynamics in the market place. It’s always been my feeling, in all walks of life, that most bad outcomes are the results of “flying blind”.
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