Impossible to tell.....but it would be fair to assume we are close to the bottom and possibly on the way back..
The reality is you can create your own bottom by negotiating a price that is within your comfort level. There are many motivated sellers willing to make deals that are competitve with foreclosure prices.
The "Eckler Team"
For info or help navigating/coordinating the selling/purchasing process contact me anytime by email or phone.
Dawn Spencer, Realtor
That shows 2 million foreclosures already in the pipeline.
This shows historic normas and is just scary for those thinking prices will increase soon.
http://www.informationliberation.com/?id=27491 (second link to similar story in case of bad link)
Housing Crash to Resume on 7 Million Foreclosures, Amherst Says (what more could I say?)
This is a forum talking about the 7 million foreclosures.
THERE IS NO BETTER TIME THAN NOW!
Watson Realty Corp.
Have a great day.
Erin Lewis & Jaime Cacchio
REALTORSÂ®, GRIÂ®, eProÂ®, eCertifiedÂ®