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buyers market Archives - Condo Metropolis

  • Where is your personal bottom?

    10 Jul 2008

    "I'm not buying yet. I'm waiting on the sidelines for the market to hit rock bottom." You and the rest of the country. I'm not saying you're wrong. But I have two questions for you: 1.) How will you know when rock bottom happens in a complex market where the only perfect vision is hindsight, and the best statistics are at least 3 months old? Real estate isn't tracked in a real time manner such as publicly traded stocks so it is only weeks or months after a deal has been negotiated and closed [...]

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