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2014 Sunshine Coast Monthly Sales Stats
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02-28-2014, 04:44 PM,
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RE: 2014 Sunshine Coast Monthly Sales Stats
What they are describing is not a bottom.
A bottom is when the For Sale sign goes up... Then when it becomes a stationary object of the landscape gets tagged with spray paint. Then you use that metric to check who is holding the title...Wait... You wait until the posts rot off and the sign falls into the weeds. Then you go lowball offer the Bank or municipal office that is holding the title. You keep lowballing insulting offers until they get disgusted enough to take it. The time to buy Real Estate is when EVERY one of your friends thinks you are crazy to ever invest in RE. It is when a viable farm/acreage is the same price as a spec house in town. It is when the mortgage is less than rent and cash offers work. THAT is a bottom. The rest is time to do your homework. In the meantime... exit the market. |
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