We are waiting for the bottom of the market
Sunday, February 19, 2012
If you are waiting for the bottom of the market when do you think it will be here?
Most predictions are that the market has just about to hit bottom. I remember when the
prices were going up back around 2005 and 2006 and I said prices can't keep going
up. Now I am finding myself saying prices can't keep going down.
Supply and demand drive our market and we are finding some of our supply are finally
going down and builders are starting to get back in the market. Jobs market is
slowly improving and interest rates are still at a all time low. Still it may not be the
right time for you to buy, but do you still think you are waiting for
the bottom of the market?
