I dont beleive in bottoms. You make your own bottom. Good deals can be found anytime regardless of what is going on in the market. Calling bottoms is for selling newspaper and I dont beleive they exist. At what is generally beleived to be a bottom, some buyers will get good deals and others will not.
I have client that bought a property in 2007 at a price that was not seen again and they will be selling shortly for a 10% gain after selling expenses. For them the bottom was in 2007 well before it was beleived to have occurred. Some areas have seen general levels reach low points and others havent. What you need guys like us for is to find your “own bottom”.
