What is the market going to do, are the prices going to go down more?

Well guess how many times a week I get that question just like most of the people in this business, A LOT.

The answer is nobody knows, but we have to look at whats happening in a market that is changing daily. Some of the things that seem to happening in the past couple of weeks are.

There are multiple offers on REO properties if they are priced right.

The REO proprties that are priced right are moving quickly and are going into escrow daily.

I believe that there has not been a better time to buy a house in the last 20 years prices are down and so are interest rates.

Just make sure your agent is well versed in bank owned and foreclosure homes so that you make sure they are priced right ,the wrong agent could cost you thousands of dollars that coulld have been in your pocket.