The market data is not showing enough signs at this time to call a bottom. There are initial signs of a bottom and prices are showing signs of stabilizing. There are more buyers looking and more buyers making offers.
How do we know when we have bottomed?
We need positive price action to confirm the market bottom.
For the detailed information on price action please visit my blog (cut and paste the link below into your browser) or visit my website www.MarkWatterson.com then click on My Blog.
http://activerain.com/blogs/mwatterson
Those waiting for a market bottom confirmation will (almost always) miss the bottom. This is because confirming factors are lagging indicators, making it extremely (if not impossible) difficult to time any market bottom. I believe we will see an un-preceded pent up demand at the market bottom that will cause a bounce in home prices.
Before you buy do your homework and due diligence. Should you feel you need to buy in this market, take your time; make an informed buying or waiting decision.
Markets can differ from zip code to zip code. So visit my blog for specific market information by city.
About Mark Watterson:
My Belief System In Action...
ABOUT MY LIFE PHILOSOPHY
I build all my relationships. Business and personal around a basic three part philosophy.
Treat others the way I want to be TREATED. Always do my BEST. Be honest and truthful in everything I SAY and DO.
ABOUT MY BUSINESS PHILOSOPHY
It's Not About the Money
It’s about life long relationships that are based on Customer Service Excellence.
The “Voice of the Customer” is where it all begins. Customer Service Excellence is not just words. It’s our CULTURE.
My customers refer their family and friends because of the exceptional attention to detail, customer focus and the value added services they receive. An unmatched passion and love for providing these services is the thread that binds the entire business process together making it a smooth and seamless event.
In fact it doesn’t even seem like business. Because it’s all about you, your goals and objectives.
You should expect the highest level of service and you deserve it. It’s about you, the right property and your GOALS.
YOU Deserve the BEST
ABOUT MY WORK EXPERIENCE
I have managed Engineering, Maintenance, Operations, and Materials. In small personal business ventures and in large World Class Corporations.
Put my 25 combined years experience in Engineering, Project Management, Marketing, Technical Expertise in Industrial Manufacturing Environments and Bachelor of Science Degree to work for you.
Your Property Resource Specialist
ABOUT MY PERSONAL INTERESTS
I have been married for 24 years and have two wonderful children. A young man who is 23 years old and loves computers and a young lady who is 20 and a social butterfly. Oh, can’t forget about Minnie, she 6 (not sure what that is in dog years) anyway she is the queen. We love family time and camping (now days that’s in our cabin) in the local mountains.
I was born and raised in southern Utah. After, I got married we moved to the Salt Lake Valley and have spend most of our married lives here. We did spend a short time living in Montana, Nevada and Idaho. Utah has always been home and I would love to share the advantages of all different areas and the unique life style we enjoy. Please take advantage of all the resources available on my web site.
I love this business and love helping people like you.
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.