Right Time to Buy?
We've been hearing about timing the real estate market and when will the bottom be. Though it's never easy or for that matter, recommended to try and time the market, we think it's right now. Why? Because we've been experiencing it first hand in our day to day business for the last 6 months here in SW Florida.
Here's an article that just might make you think about getting your place in the Sun and a piece of the action while the prices and selections are excellent!
Daily Real Estate News
| March 15, 2010
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Share Housing Experts Say Real Estate is Recovering
Some of the nation’s top economists believe the housing market has turned and better days are on the way for the housing industry.
Increases in jobs, credit, and affordable homes will overcome impediments such as rising interest rates, and the expiration of the Federal stimulus program to push the housing market toward recovery, says Dean Maki, chief U.S. economist for Barclays Capital.
“I would bet even odds that we’re at a bottom and that we’re going to see improvement in the coming months,” says Karl Case, co-creator of the S&P/Case-Shiller Home Price Index and a professor of economics at Wellesley College.
“The underlying trend is turning positive,” says Bruce Kasman, chief economist at JPMorgan Chase & Co.
Source: Bloomberg, Kathleen M. Howley and Rich Miller (03/15/2010)