Market Update – Buy Low!
August 13, 2007
I would like to address some of the doom and gloom scenarios propagated by the national media. Maybe not address, as time and space will not permit that sort of undertaking. However, I can at least provide an alternative perspective.
We all understand that markets are cyclical. This implies not only will prices rise and fall, but moreover, as prices rise and fall conditions will be more beneficial for Sellers and Buyers respectively. Common sense compels us to follow the mantra - buy low, sell high. Yet , when it comes to an investment of the magnitude of a home we tend to hold off, waiting for the perfect moment. There is no perfect moment, but let us not forget….Buy Low.
If you have the time, take a few moments to peruse the articles I attached below. They should help to provide a more complete depiction of the snapshot I have offered here.
Real Estate Sky Won’t Fall: Here’s Why
by George Mantor
http://realtytimes.com/rtapages/20070607_skyfall.htm
Markets May Have Hit Bottom
by M. Anthony Carr
http://realtytimes.com/rtcpages/20070615_marketshift.htm
Contact me with any questions or to clarify any points made in the articles. Have a great evening!
