03-05-2013, 02:13 PM
Grieve Wrote:I was just reading an article on CNBC that was saying how the inventory of houses for sale is WAY down, and it's becoming a seller's market again. Realtors are getting a huge number of offers for good houses.
http://www.cnbc.com/id/100512238/Home_Bu...the_Houses
That is probably the cash that people are freeing up now that there are signs of recovery in housing. The old adage "Buy the rumor sell the news". Buying right now is depends on how bad it got. In Iowa we really didn't see a major collapse, but we have never had the massive million dollar 3 bedroom ranch pricing like in California.
Over all I think its a safe bet to buy now. Only 2 things can change the market. Another economic crash, or congress removing the interest and tax deduction.
Maul, the Bashing Shamie
"If you want to change the world, be that change."
--Gandhi
![[Image: maull2.gif]](http://bengtel.com/maull2.gif)
"If you want to change the world, be that change."
--Gandhi