Have we hit bottom? Prices are down, sales are down in volume and buyers are scared....the media loves to paint a depressing picture and I am sure that for the next few months or even a year or so we will not see much of a change. You probably know what has caused this, a perfect storm of several years of double digit home appreciation, relaxed lending standards and a buying frenzy spurred by investors, but when will the market turn around?
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Recently on the today show Barbara Corcoran spoke about the problems of selling today. I don't know who she is, but finally NBC put somebody on the show that speaks common sense.for the full story