Wednesday, September 10, 2008

No Bottom in Sight for the housing Market

You might not want to be in too much of a hurry to buy a home right now as we are still far from the bottom. This article show us how much trouble the builders are in. Many more will go under along with many more banks this year. Be patient and stay awake. Time is on your side as a buyer. There will be a correction in the market when existing homeowners are forced into losing their homes or selling them at a price where the market demands are met. That is when the prices match the buyers,not the sellers, viewpoint of the value of the home.

www.rateinformer.com