Will the Housing Market Get Better
Posted on | November 19, 2008 | No Comments
The short answer to this question is yes. The defining question after that is; when? And that’s the one thing no one knows. I tune in and listen to the financial news almost daily and read several blogs and articles each week to try and stay on top of what is going on for my clients; mostly so they feel good about locking a loan and when.
The truth is that no one has ever had a crystal ball. If they had, we wouldn’t be in this mess. So what do you do if you want to buy a house or need to sell a house? If you qualify to buy a house, buy a house. It’s a good time to buy because the inventory is up and rates are still down. If you need to sell a house, sell a house. You may take a loss on it but I can tell you from experience, I have seen many people hang onto a house to their detriment. You play the hand you’re dealt when you have to play.
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