To buy or not to buy, that is the question!
By: Bill Hitchcock
Is now a good time to buy real estate? That is the most common question and hotly debated subject of the day. Only 3% of all homes listed this past January Along the Crystal Coast actually sold. Average sales for that month are around 15%. During 2005, the biggest sales year ever here had January sales at 20%.
So with sales so poor, does that mean it's the wrong time to purchase real estate?
I came up with a saying many years ago that best describes buyers and what they tend to do wrong. "Buyers buy when all the other buyers are buying which is the worst time to buy". Yep, it's a brain twisting saying but happens to be very accurate.
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