Err.. On The Side Of Caution
Most local housing experts are saying it doesn’t hurt to be cautious.
However there is a difference in being cautious and hesitating out of fear. To hesitate out of fear would perpetuate the myth of a housing bubble bursting.
Local real estate experts say there are many contributing factors to the market as it is today: mortgage rates, people stretching credit, and the economy.
When a home buyer or seller exercise caution it really can not be construed as a bad thing.
Filed under: Economic News, Market Conditions
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