Timing The Market?

Trying to time the market has always been a risky proposition in the stock market and is equally risky in the Real Estate Market.  Do you want to put your life on hold while you wait for the market to make the decision for you?  Personally if I were a Buyer or Seller today I’d worry less about the market conditions and more about my own personal needs.  Clearly this is a Buyers market.  There is a lot of inventory out there in all price points high and low.  So if you are in the market for a house then it is a great time to buy.  If you are a potential Seller, ask yourself these questions:  Do I have a compelling reason to sell? (i.e. job relocation, change of schools, growing family, etc.) and if so take the plunge.  Find an agent you are comfortable with, price your property correctly so it is attractive to Buyers and won’t languish on the market and get ready to move forward with your life!

 

Links:

http://rismedia.com/wp/2008-08-04/has-the-market-bottomed-out/

http://homebuying.about.com/od/marketfactstrends/qt/080307-timemrkt.htm

http://www.bankrate.com/brm/news/realestateguide2008/first-time-home-buyers-a1.asp