January 2010

There are 1 blog entries for January 2010.

Have We Hit The Bottom?

Tuesday, January 19th, 2010 at 5:03pm. 3847 Views, 0 Comments.

The Question I Most Often Get

Many people ask me, "Have we hit the bottom of the real estate market? Are prices going to go lower?". The answer is clear as mud. One thing is for sure, hind sight is 20/20 and you will be kicking yourself if you don't buy into this market!

Even within one geographical area, like the Twin Cities, the bottom will hit at various times. Each market is different, from neighborhoods to types of housing and every combination. What is consistent, is the general upward or downward movement in housing prices.

Our market has taken quite a hit. Our prices are the lowest they've been in several years. Has the exact type of home you would like hit rock bottom? It might already be on the upswing, or it might not quite be at the very…

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