I'm going to wait for the market to hit bottom before I buy.

 

BUYERS...This is a "re-post" from Tish Lloyd in Wrightsville Beach, NC.  I couldn't have said it any better. By the way, where did I put that Crystal Ball?

 

"I'm going to wait for the market to hit bottom before I buy."

Are yoCrystal Ballu now?  And when exactly will that be?  Are you the one who hijacked my crystal ball?  Hope that thing's working better for you than it did for me. 

How will you know when the market has hit bottom?  Will there be a memo sent out to let us all know it's on a certain date?  Who is going to let you know?  Will your Uncle Cecil's wife's, brother's, cousin-in-law's, niece's friend tell you? 

Really.  I want to know.  How will you know when the market has hit bottom?

I know the answer.  Are you ready for it?  Can you handle the truth?

We'll know the market has hit bottom AFTER it's happened. 

Yep.  Simple as that.  This is one of those things that cannot be predicted accurately.  By anyone.  Even me, and I've been doing this, well, lets just go with, long enough.

Dollar Sign

If you would like to buy a home it's a great time to do it.  It's possible that it will be a better time in a couple of months.  It's just as possible it won't.  Is that a chance you can AFFORD to take?  When those interest rates and home prices start ticking up and your payments jump a couple hundred dollars -- will having waited really be a benefit? 

I'm fine if you choose to wait.  You need to do what's best for you.  But if you're banking on buying when the market hits bottom -- well, at a minimum, you'll be a day late and a dollar short. 

I'm just sayin'. . .

 

 ***********************************

   Copyright © 2010 - 2013 All Rights Reserved

When you're ready to buy or sell a home in Wilmington, Wrightsville Beach, Carolina Beach or Kure Beach NC, give me a call.  Lets work together to achieve your goals!

Tish Lloyd, REALTOR®

Broker

NC Real Estate Lic. 269076

Realty World Cape Fear

1119-A Military Cutoff Road

Wilmington NC 28405

910.547.1446


 
  

 
 
 
 
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  David Ames 

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  DavidAmes@zephyrsf.com

  (415) 271-2071

Comment balloon 10 commentsDavid Ames • October 20 2010 04:05PM
I'm going to wait for the market to hit bottom before I buy.
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