...at least according to Business Week real estate columnist Marc Roth.
Read, "If You Don't Buy a House Now, You're Either Stupid or Broke."
Read, "If You Don't Buy a House Now, You're Either Stupid or Broke."
An intelligent and unbiased look at the real estate market in Los Angeles and elsewhere.
1 comments:
Hi Christopher, thanks for sharing this article. I’m definitely going to tweet about it, share it on Digg, etc. I think due to recession price of many units has come down heavily. And, I also agree to the fact that now is the best time to buy a property. There are so many auctions held in the city that gives an opportunity to the buyers to get it at maybe half the original price. The famous Bryant auction is an example in which many foreclosure homes that include luxurious condos were for sale. The original price of each unit was more than half a million. They even sold some units at 40% off the original price making that auction a "complete failure". But, I can say that this thing won’t last much long and our real estate market will be back on the track. I’ve been keeping an eye on the market and watching prices go up and down on sites by searching for Boston condos for sale. My prediction is that by start of 2010 we’ll probably see this market looking up.
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