That is the question we hear the most recently: are we at the bottom?
If you are a buyer, you can’t wait for the headlines to say “Buy now!” Headlines will only let you know when the best time has passed. In other words, you only know for sure that you hit the bottom after the fact. There will always be uncertainties, but what we know for sure is that this is a Buyers Market, with lots of inventory to choose from and record low interest rates. This is a safe zone and the smart buyers buy in a “Buyers Market safe zone”. The greedy buyers keep waiting for the lucky zone, and although they may get lucky, they may also miss the boat. Anyone who buys at the top of the market is unlucky and anyone who buys at the bottom is lucky. Like winning the lottery, will you wait till that happens to give your family a nice home?
Ask yourself: have the prices dropped low enough? If your answer is yes, then what are you waiting for? Go buy a house!!!