On the heals of my post the other day about possible real estate market optimism for 2008, Bloomberg has a report today saying things will get worse in 2008.
According to some experts quoted in the article hope for a turnaround in 2009…at best. Bad news for homebuilders, mortgage lenders and the like.
Good news if you’re a boomer looking to get a good deal and don’t have a house to sell first.
20. January 2008 at 9:47 am
My parent’s love the villages and would like to buy in there. But is there anything comparable to the villages that I can show them? I want them to be well informed before making any decision. Also, don’t you think waiting until things get a little worse with the economy might be better so they can get the best deal. Are there any foreclosures?