Wednesday, December 29, 2010
Double Dip Housing Recession Good or Bad?
Here is a link to an article pertaining to the Double Dip Recession specifically with the housing market and how 2011 will be a slow year because of it: http://www1.snl.com/interactivex/article.aspx?source=patrick.net&cdid=A-12131068-13875. What does this mean and why am I blogging about it? It means it is time to BUY real estate NOW!!! Why wait for the Bottom Bottom, that will be soooo tough to predict exactly. If you buy now, even if the prices drop another 10-15%, at least you will be there for the WHOLE rebound and make money on your real estate investments. I am personally buying properties now because I think we are at the bottom, I think we will continue to stay steady at the bottom with regards to prices for the next couple of years; but I will also be there for the whole rebound when it does happen. Let me know your thoughts on this and if you are looking to buy now and need a home loan, visit my website at http://www.azfhamortgage.com/ for information.
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