Thursday, September 15, 2011
Soggy Bottom
I learned a lot at the MAR conference. Gems to share: Property values are projected to come down another 5-6% in the next 12 months and then slowly begin to rise again according to Steve Harney. The "bottom" is an historical event which we can only clearly define when it has passed according to CRS President, Frank Serio. While we are in what I call the "Soggy Bottom" it is still a Buyer's Market, after we gain firm footing again, it will be a Seller's Market. Enjoy the lovely weather!
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