I recently attended a training session by one of the top real estate trainers in the country. A question was posed to him, “How do you know when we’re at the bottom of the market?” This is a valid question because everyone wants a good value or “deal,” and no one wants to overpay for anything, let alone one of the largest investments most Americans make.
Here’s the indicators he said we should be looking for to know that we are at the bottom of the market:
1) NAR (National Association of Realtors) reports a slight increase in sales.
2) “Experts” are predicting that there’s no end to the problems in sight, i.e. we’re headed into a long recession.
Now read, the recent headlines:
1) NAR reports highest level of sells since June 2007: http://www.cnbc.com/id/27083816
2) US Recession: http://news.sbs.com.au/worldnewsaustralia/deep_recession_likely_in_us_imf__559035
Call me today for your bottom of the market pricing: 256.990.7564 or e-mail at mcurtis@woodlandhomes.com.
