Most buyers that you talk to are getting edgy when you discuss signing on the dotted line or continue to wait. But hold it, what are they going to wait for? Most have said that they don’t trust the economy and are waiting out to see what transpires. Then there are those that are observing the prices of the market and hoping that it continues to go down.
The migration has begun the ready to buy now people are ready to buy now. Stabilization is not a factor now since no one knows when stabilization will occur. Real Estate is always going to be around, it is cyclic in nature and before you know it the current cycle will be done and those riding the fence will have missed out. Waiting out anything now days is a gamble. About the only thing that you can be sure of is the fact that everything will take some time to even out.
If you have the means to buy now and if you are willing to buy now then, now is the time. Don’t think back and tell yourself, I wish I had bought back when prices where low.
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