I have been in several meetings and conversations this week and the big question is, "Where are the buyers?"
The market is at the place they have been waiting for. Down. Add to the mix low interest rates and we have ourselves a fabulous recipe for great opportunities!
Is there another reason they are not buying? Generally speaking, buyers are still waiting for the market to bottom out. But the only way to know we have hit bottom is when the prices start going up, and it doesn't take a rocket scientist to know, by that point, it's too late.
WE HAVE HIT ROCK BOTTOM!
I only wish I were in the market to buy right now. There are amazing opportunities to be had. Grab 'em and don't wait! If you wait to hear from the media that the market is picking up (note this means things are selling which drives prices up and these statistics come out approximately four months after the actual activity) then you have missed the boat.
Don't be afraid to buy during the holiday season. If you have nothing to sell and have a solid loan lined up, you have the chance to get a great deal and make a seller weep with New Year cheer.
Go for it, for we are at the bottom. I would...
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