Archive of down market

Creative Thinking to Make Deals

In today's market, clients and real estate agents must be creative.  To bring the parties together and reach mutual acceptance, the parties must think outside the box. In the strong sellers'

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Is Now a Good Time to Buy? Thumbnail

Is Now a Good Time to Buy?

The average buyer probably doesn't have the cash to gamble on real estate--and shouldn't, at least for now. Income growth has stalled for the vast majority of Americans for the past eight years, and home equity has been vanishing rapidly since the peak of the boom in 2005. (Last month, median existing home prices nationwide fell 6%, to $221,900.) The roiling stock market is hardly a comfort either, as everyone who has peeked at a 401k statement over the past week knows.

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