When will real estate hit bottom and finally start the long climb back up? Who knows, say analysts.
The housing market is just getting worse. Home resales tumbled 8% in September to the lowest levels in this decade, prompting the obvious question: When will it all end?
The honest answer is no one knows. Optimists have been saying for more than a year that the worst is behind us, while the pessimists have been saying recovery is still a year, or years, away. Read more here.
I am waiting to get some type of agreement from the analyts as to when this on going plummet will turn around before i invest in it again. Until then i’ll just stick with my online stock picking services like Gorilla Trades.