low-ball

Don't worry about missing the bottom in houses

Posted March 26, 2009 - 07:39 by Philip Brewer

Real Estate and Housing, Investment

Gutted house

I've recently heard from several people who want to buy a house and are thinking that now may be the time. In particular, they're worried that waiting might cause them to "miss the bottom" and lose the chance to get a great house cheap. In housing (unlike, for example, the stock market) you don't need to worry about that.

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