Right time to buy/sell - next housing bubble?

well Trulia, one of the leading Real Estate Web Sites says, a new housing bubble is far away and homes in most areas - including Florida - are still undervalued.

What does that mean for Buyers? - If you are in the market of purchasing a home, now might be the right time for you. If homes are still undervalued (even so the prices did increase within the last year) you are still getting a bargain

What does it mean for Sellers? - If you purchased your home in the high markets of 2005/2006 you did recover some of your losses  already, but it might be another few years until you will recover all of them.

If you purchased your home prior or after the high market times today might be the right time for you to sell. Our market is good, good priced homes are selling fast. Also if you would sell now, you will be able to purchase a new home or condo to a good price as well, if you would wait until prices come up even more, you will have to spend more money for your new home also.

Please read the article:     http://www.thestreet.com/story/11922636/1/no-housing-bubble-here-trulia.html?puc=yahoo&cm_ven=YAHOO

Hello from sunny Florida

Go to top