It's scary for home buyers and sellers when markets change. Just when you think you know what's going on in real estate -- POOF -- it changes! It might help, though, to know that markets move in cycles.
Sometimes they go up, sometimes down; sometimes they are moving around in circles, but the real estate market is never so squirrelly that economists can't point to past performance as some kind of indicator of future direction. Yet, change is enough to stop some would-be buyers stone cold and cause them to fret about the consequences of buying in a down market. Is it safe? Is it smart? The answers will astonish you . . . read more about Home Buying in a Down Market.
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