To Buy or Not to Buy, That is the Question
February 17th, 2011
Each day, if you pay attention to news media, you may find yourself either riding a roller-coaster or pulling at an old fashion taffy pull when it comes to the housing market.
The Wall Street Journal had an article “Home Prices Sink Further”: Declines Reported in All 28 Major Metropolitan Areas; Unsold Inventory Piles up”, stating that Portland home values went from approx. 6.25% down in the 2nd Quarter to 12.1% down in the 4th Quarter. As stated in the article, “Falling prices are a reflection of weak demand and tight credit conditions that reduce …
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