collierville housing market: If Prices are Falling, Why Shouldn't I Wait? - 07/31/08 02:48 AM
From Hopoffthefence.com:
If prices are falling, why shouldn't I wait?
It today's market, prices are right, rates are low, and there are plenty of homes from which to choose. But no one knows when that will change. So if you're waiting it out hoping prices will fall even lower, consider that you might be disappointed when the market picks up again (and it always does) and you're still on the fence watching opportunity pass you by. And even if prices do fall lower, there's no guarantee that mortgage interest rates will be at the same level they are today.
In today's … (2 comments)

 
Jolynna McCune, Affiliate Broker (Groome & Co. REALTORS)

Jolynna McCune

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Memphis, TN

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