How We Got Here and Where We’re Going?
January 6th, 2009 • Related • Filed Under
The article in the link below will give the logical perspective of the distressed home owner, and a possible time line of how long this housing mess could last. My opinion is those who say the bottom is here and we will be climbing out this summer should look at the numbers. The bottom may be here but we are sure not climbing out for at least a few years.
For my investor clients, Now is the time to be a landlord, do not get talked into flipping homes right now. Inventory is to high and rising, Loans are harder to get so buyer demand is low, economics 101.
For my sellers and distressed home owners please read on, this article may help you plan for a brighter future with less headaches.
So what is your so called “Adviser” (salesman) telling you to do!!!!
