01-28-2008, 02:00 AM
The market is down, that is for sure. But you don't lose any money if you don't sell. We see this kind of thing every decade of so. Prices will go back up. It may take two or three years, but there are housing booms in the future.
It is difficult not to be concerned as you watch housing sales in your neighborhood fall month after month. On the other hand, this is a great time to buy that second property or rental.
It is difficult not to be concerned as you watch housing sales in your neighborhood fall month after month. On the other hand, this is a great time to buy that second property or rental.