Have We Hit the Bottom of the Market?

The big question today seems to be, “Have we hit the bottom?”  The news reports that they think that we might have come to the bottome of the market because home prices have dropped so much over the past 20 months, that the prices are now attractive. 

We have seen interest rates stay low and home prices are at a five year low.  If you’re thinking of purchasing a home, start doing your research!  Buying now versus buying when the market is on an upswing will give you the advantage of a buyer’s market versus seller’s market.  Meaning you will have more negotiating power, which will give you more repairs and better pricing.

Visit my website at www.encinitasproperties.net to setup a property search, this way you can follow the market in the area you like. 

Happy House Hunting!!!