Home Buyers -- Investors --- it's 2009!!
Everywhere you turn you hear about gloom and doom of the economy. However, out of the Great Depression came more new Millionaires than every before.... and we are still so much better off than that era.
Every buyer wants to buy at the bottom, get the best deal, not pay a single cent more than necessary. No one can predict the futher, I can tell you that the prices today are at about 1990 levels and interest rates are lower than anyone has seen in 20 years. I will know that we have hit bottom the second you are calling saying "Susan why didn't we buy a house last week, month, year?"
Here is a quick chart of the real estate market.
As I study this chart I picture a rock skipping along on a lake, bouncing along, up and down. How low will the market continue like this? If only I hadn't thrown my crystal ball out the window 10 years ago.
Tracy Real Estate - Trulia |
What's your opinion - what do you think will happen in the next 3 months, 6 months, 9 months, a year?
Tracy, CA Real Estate
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