Thursday, October 12, 2006

Are we in a real estate downturn?

Check this link out. Here's a quote that's probably TRUE, but certainly depends on where you're from. Share your thoughts...

"The problem is that there aren't enough houses to buy. It's kind of a weird point in the market cycle. There are both more buyers actively seeking homes that are still in short supply with other buyers afraid to buy right now, scared by what's happened in other parts of the country and the unrelenting news coverage of the real estate downturn in those places. They don't want to get stuck with a property bought at the top of the cycle."

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