Thread: Housing market
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      12-18-2007, 04:55 PM   #9
AndrewAZ's Avatar

Drives: 335i
Join Date: Jan 2007
Location: CA

iTrader: (0)

The market isnt down at all its just moving back to normal appreciation rates aka real market price. I would say the next 3 months we will be back to pre bubble in most markets, CA is tricky since some markets the demand still outweighs the supply. But like 3ondubs said no rush it will be flat for a few years but in the long run over 10 years you will be fine.

If your looking to make money and not needing something to live in I would consider investing in homebuilders since right now they looked at with low expectations anything they do to make a profit will shoot them back up, and like I said in some areas demand is still high dont buy into the news hype. And over a 5 year term of investing in stocks vs owning a home you will fair much better in stocks.