Remember what it was like when you were a kid and you'd jump into the deep end and challenge your friends to see who could touch the bottom of the pool?
When you were little, you'd have to kick and push a little to get there. Your ears would pop and you'd get a little scared...wondering if you'd be able to hold your breath long enough to get all the way to the bottom and then back up again.
It's kind of the same with our current real estate market. People keep challenging themselves to see who can hold out long enough to time the market just right...holding off on buying something until the prices drop all the way to the bottom.
Well stop trying to guess when the market is going to "hit bottom". No one can predict the exact time it's going to happen...so stop trying! But by golly, stop sitting on your keester waiting for "the perfect time" to buy.
While you're waiting for the market to get all the way to the bottom, your friends and neighbors are out there taking advantage of the bargains that are all around them right now...whether we're at "the bottom" or not...who cares???
When the market finally does turn around, it will be just like finally reaching the bottom of the pool and then pushing off and soaring back up to the top of the surface...popping your head out of the water and coming up for that great big refreshing breath of air.
The market's going to come back up a lot faster than it went down. But we won't know we've hit the bottom until we're already on our way back up. How will you know that today will be the last day of low prices and that tomorrow they will be higher? You won't! You can't!
So stop waiting to "hit the bottom". You're gonna make it and you're not gonna drown! But you need to jump in...'cuz the water is more than fine!
This information was originally posted at www.iShopGreenwood.com