Property Grunt

Thursday, July 02, 2009

Peer Pressure

Beginning of the month and everyone else is doing it. Since I am really lazy I am just going to link the news to Curbed.

Thursday AM Linkage: Market Report Misery Edition

Here's Jonathan Miller's take.

Mr. Miller said that at best, the market would move sideways. “We will probably get a little worse before it is going to get better,” he said, “because unemployment is likely to continue to rise after the recession ends this year.”

I do not know where the bottom will be but from what I understand once it hits, it won't just bounce right back up. As I have stated before, try and wait it out, but if you see a great deal go for it.