Tuesday August 25, 2009
Wow….all over several sources of news! The word is in from a variety of new sources. The rally cry of appreciation! All this can mean is the bottom has been reached and the end of a buyer’s market is on it’s way. Don’t take my word for it.
No question the news is not all good news. Some pockets of bad news still exist, but good news sure helps focus the market and overcome the downward pressure of a slump.
Are there still deals to be made? Certainly! Opportunities still abound for those willing to plunge into the swelling sea of the market. Interestingly enough supply and demand is driving the market once again. Inventory is now down, hence the rise in prices.
The moral of the story? If you see a deal, Don’t wait! Time is running out. Too much analysis can spell paralysis. If you are waiting for the bottom….I hate to say it, but you may have missed it. The further away we get from the bottom, the more prices will appreciate. The opportunity is now.