Potential home buyers have stayed on the sidelines as they expect prices to drop further in 2008. Economists predict the housing market will not bottom out until the summer, and even then will remain sluggish.
On the positive, inventory, and selection of homes is the best we have seen in years and will probably not see this for years to come.
In my opinion anything is better than the last 2 years....I feel the market is getting back on track judging from all the business being generated online and i the office at Realty World. good luck to all! Steve
