Does it Make Sense to Buy in a Down Market?
May 21st, 2009 | By Bob Broad | Category: BuyersWe had previously predicted that our market will retreat 20-25% from the peak on 2Q 2007. By the end of January, the median price in our market is down 16%. The leading indicators (total housing inventory, inventory of bank-owned and short sale properties, and vacant inventory) do not yet suggest we’re approaching the bottom in [...]








