Jun 25 2008
Is Now A Good Time To Buy?
Baron Rothschild, the oft quoted banking opportunist, is said to have advised his clients that the best time to buy is when there is “blood in the streets.” I agree.
An investor or home buyer who embraces this axiom starts looking for homes when the newspaper is full of doom and gloom about national home sales. I guess that would be now.
Most of the news in the paper is about national trends and statistics. The reality is that the Clark County market was never impacted as much as other areas, and there are some really good deals out there. We have a window, for the next 12-18 months, when buyers will be able to take advantage of national market forces, and score some real deals.
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