I have no voice in the media as no one ever asked me but I have consistently voiced my concerns to my piers and my clients. The answer if its a good time to buy really depends upon when it was asked and what the individuals specific reasons are. For some the answer was yes. For many, the answer was no. I have about 6 clients that I have discouraged from buying. They are waiting on the sidelines per my recommendation and will buy when the time is right. You know nothing about me and your inferred attacks are unwarranted. gFear of getting priced out was never a good reason to buy and I’ve never sold a home to a client for that reason. All my clients buy homes for their families to live in and I’ve never serviced the investor market.
Its clear you despise realtors and blame them for rising prices. When a house sells for too little it’s the realtors fault, when prices skyrocket you blame realtors. You truly give us too much credit. This is America and it is a free market economy. Supply and demand drive prices. Excess demand sent prices up and excess supply are now bringing them down. Sorry but I dont have the ability to manipulate prices. Do you despise car dealers for selling over priced luxury vehicles that depreciate 30% the minute you drive them off the lot? Do you despise the fast food restaurants that are poisoning our children? Do you really beleive a major crash will “benefit ALL of us” or just the folks out there that got out and are hoping to buy back in at lower prices. Do you really beleive widespread foreclosures and bankruptcies would be for the greater good? I for one do not wish that on anyone.
Sorry for the rant, but you back me in a corner and I’ll come out swinging………
