Friday, May 22, 2009

Buyer's Market Continues

The most important tip in economics is to buy low and sell high. Of course, that is easier said than done.

Nobody knows when the housing market will hit rock bottom or if it already has. Everyone wants to know when the bottom of the market will occur, however, we’re not going to know, until the bottom of the market is past by a month or by a quarter or by a half-a-year depending on what stats are being looked at.

What is clear, however, is that this is a buyer’s market for housing.

If you find a good house, buy it now because by the time we know the bottom of the market has come, it will have come and gone.

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