Wednesday, January 9, 2008
When will this market stop declining??
Well it is speculated that the market won't stop until 2012, but I think that includes a couple of years of a level market. My professional opinion is that we will continue to see a decline for the next 12 to 18 months, but the decline will start to slow down in the next 6 to 8 months. After the election this year we will still see properties decline but at a much slower rate. Plus over the next 18 months we are going to see financing change, that will help buyers continue to purchase homes.
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