I've done my best...I've reasoned, cajoled, analyzed, postulated,
hypothesized, and rationcinated (look it up!). I've begged, pleaded, beseeched, implored, and supplicated.
I have been telling you for months now that we are in an unprecedented time of opportunity for home buyers. As investor Warren Buffett so aptly put it: "Get greedy when others are fearful, and fearful when others are greedy."
The sales figures are in for January 2009. The median residential sale price was $208,500. Compare that with the January 2008 median of $245,000, and you have a 15 percent decline in price.
With the ecomic stimulus package poised to be signed into law and the new bailout plan proposed by the Treasury Department to help bolster the sagging banking industry, we can expect new life to be breathed into the moribund housing market. Once investor confidence is restored -- even a little bit -- we can expect prices to pick up, or, at the very least, to stop dropping.
So, now may be your last best chance to cash in on the market of a lifetime.
Don't say I didn't warn you.

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