The Question is should I wait for Prices to drop? What if rates go up?
By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
The question is should I wait for Prices to drop? What if rates go up? As a Southern California Realtor I monitor the Real Estate Market very closely as well as the economic indicators. I feel like I should just scream, when I hear Respected Economists, members of the Federal Reserve Board and Politicians speak and creating misinformation to potential buyers and creating potential future economic problems for us, as well as the rest of the world.Many buyers are listening and hearing that there is another wave of price drops in the works due to more Loans Re-setting. So is it in their best interest to wait till prices drop some more? Then I am listening to one of the members of the Federal Reserve Board giving a speech that the government should raise the Interest Rate since the econ...
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