I heard the news today oh boy!

OK, we have officially started to turn this sinking ship around, and all pumps are set to max! You can almost hear the rush of the water as it vacates the empty hull of the vessel. It will take another year or so before we see prices starting to climb for the home owner who would like to sell. As it seems many, many more "Bank Owned" properties are about to hit the market once again as the next wave of foreclosure properties are listed. For the home owner that would like to sell, your time will come, but not for a year or so from now... however, I would not sell even at that point. Hold on for a few more and I believe things will be much, much better for everyone! And until then... do everything you can to get your piece of the American dream! Right now, home prices are at the bottom, in fact, they were there a couple of months ago. There is a LOT of competition out there right now, but, if you are a first time home buyer willing to pay the price to get that bargain home at a slightly higher price than the investors are willing to go for an investment property. Then, bid at least 20 to 30% higher than asking and with a bit of the "luck of the Irish" you may just be a first time home owner, or the proud owner of the home of your dreams. Get them now while they are hot! And lock in your taxes on the lower re-assessment now! After all, when the home prices go back up, so do the taxes, which are assessed at the time of purchase. So, it is truly in your best interest to get that home at a third of the price it once was just two short years ago. Good luck!