Michael has drank deeply from the kool-aid fountain!
Time to buy? Depends on whom you ask
"If you have a long horizon, this is a good time to buy," said Michael Caruso, president of the Orange County Association of Realtors. "You have plentiful inventory, you have willing sellers and you have agents in a problem-solving mode."Agents in "problem-solving mode". I feel better, now. Ummmm... are these the same dumb-ass agents that put people in homes they couldn't afford in the first place?
Caruso warns that it's a good time to buy only if you plan to own a home for more than a year. But there's a lot of pent-up buyer demand, he said, predicting that "we might have a heck of a spring and summer" next year.Michael, you may want to visit Vivian. Prices are so disconnected from earnings that you would have to be insane to pay the asking prices. Wait a few years and let them drop another 30-50%. But for god's sake, DON'T ASK A REALTARD IF IT'S A GOOD TIME TO BUY!!!