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Bottom or not?
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Reaching this alluring 'MARKET BOTTOM' will likely not be good for buyer's. Why?
Well, the 'BOTTOM' will be the lowest price's, but 'ON THE WAY DOWN' the Best and Choice deals were sold, i.e. those sales were the 'bottom' for each individual buyer and seller. That only leaves the properties that failed to sell! So, wait for the 'bottom' if you must, but the best buy's are made by negotiating for and making that bottom happen RIGHT NOW, and for the property YOU WANT, not the LEFTOVER'S from prime deals already negotiated.
Real estate tycoon Donald Trump exclained this same strategy 14 months ealrier in Nov. '07 and approx. 20 months into the downward, saying...

"...This is the time...to negotiate for unbelievable deals."
(Video) Donald Trump on Real Estate-King Show

 

 

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