The Associated Press blasts the Real Estate Market Again!!!
By Frank D'Angelo, Helping people is my business in Real Estate
(EXIT REALTY NEXUS Minneapolis & St. Paul MN)
My goodness. Do these economists have a clue with respect to fuelling another housing-led recession? Both buyers and sellers are begining to think that it isn't a good time to buy or sell real estate. Ring all Alarms!!! Let's find a Mortgage Professional and quote his doom and gloom scenario such as: Robert Moulton, president of Americana Mortgage Group. "I think prices have a way to go down," he said. MSNBC reports today as a featured story the following headline: Spring looks like a washout for housing market . A big drop in applications for new permits indicates the bottom hasn't arrived. Well let's hold the fort and do nothing until the bottom has arrived right??? Will the Associated Press announce that also??? I doubt it! When is it the right time to buy? When is it the ri...