Question by Yaneth: I need an answer about the real state market?
does any one know about the real state market?
I need to know if houses are going down or up,
and who thinks is a good time to buy? or should we wait to see if they go down?
we actually want a house in fresno we have an agent helping us but, we liked a house an we told her to offer a little bit less and I don’t think she like that idea want do you think should we offer more or less? I have always heard to offer less
Answer by RT
Depends on where… some markets are stable, others will continue to drop.
In general it is a buyers market and a good time to get a deal where just a few years ago many could not afford to buy.
Be sure to look at recent sales in the area and compare the listing price to the actual sale price. In many area’s the sale price is15-20% below the what the listing price had been.
Know better? Leave your own answer in the comments!