Is buying a home in 2014 advisable? will the competition for a home be less aggressive?

Asked by meagain, Mesa, AZ Wed Jul 31, 2013

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Ann Ryan, Agent, Doral, FL
Wed Jul 31, 2013
Meagain, the competition for homes will become less aggressive when there are more homes on the market. Right now demand exceeds supply. Many sellers are waiting for prices to rise, and I think prices won't regain their pre-2006 levels until at least 2013. So I think a lot of those folks will be waiting a very long time. That means that competition among buyers will remain aggressive until 2013 or even longer.
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