I've been watching the housing market for several years, and decided to hold off upgrading my house in 2005/06 because I thought the market would go into a decline in late 06 and stay there for at least 18-24 months. So I hope to save money and position myself to take advantage of the downturn to move to a bigger place.
I think its going to get uglier in many parts of the country. I'm not sure what I want next : Another townhouse, a condo in the city, or a house with a yard - or even stick with my place. But I do know that I'm preparing to make the best of it, and can afford to sit on the sidelines watching :-)
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1 comment:
Thanks for writing this.
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