According to a posting on the Inman News Blog-a Blog which calls itslef the “First word in Real Estate,” an April 10th Reuters Zogby poll 53.8% of those surveyed felt it is a good time to buy. What about the 41.6% who say now is not a good time and those who are “undecided”? When will the time be right? When do stock investors buy stock? Do people prefer to buy when prices are over heated or when there is a Buyers’ Market? Is it possible to find the bottom of any market? From where I sit, now is a great time to buy because of the number of properties available and because the loan rates are very attractive.
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2 comments ↓
There are 41.6 % of nay sayers? Or is the combination of nay sayers, undecideds and can’t buy anyway included in this 41.6 %?
Having sold Real Estate from 1979 - 1989 and remembering the 19%-21% interest rates and the start of “creative financing”, I wonder how old these folks are, and if is this survey is a mixture of all of the above. Buy, Buy, Buy!!!! Buy Smart!
Why is every thing sell, sell! I need a nice older county home while ours is being built in Madison. No go!
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