Mark my words... Buy two they're small!

This recent flood of "Bank Owned" property combined along with the ridiculously low asking price and the surprisingly "good" condition of many of these homes has prompted me to advise almost anyone who is able to afford it to "take two, they are small". I am predicting that approximately 1 and a half years from this date April 28, 2009 that the real estate market will soon regain approximately 55-65% of what it has lost in value in just under a year now. The market should start to compete in a similar arena in which it did back in 2006-2007. Just as soon as most of the decent "Bank Owned" properties have been bought up and held by all the investors & home owners who were able to catch one of these great deals! And the prime properties which were purchased will be few and far between, it is then at this point in time which home owners and investors alike, who had purchased intelligently, will be able to almost name their price for their wise investment(s). I see more and more individuals out there just in the past two months, starting to compete with one another on bids for these homes! There are multiple offers where once the Banks were lucky to get any. Yes, it was a very dark and depressing time back in December '08 - February '09. And now! Well it is not quite the case any longer! If you are out there looking, stop looking and start buying! They are moving much faster than you would assume! Good luck! -R