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]]> By: Larry Nusbaum http://www.doctorhousingbubble.com/realtor-mantra-buy-today-buy-tomorrow-buy-yesterday/#comment-99 Larry Nusbaum Sat, 28 Oct 2006 21:42:00 +0000 http://www.doctorhousingbubble.com/realtor-mantra-buy-today-buy-tomorrow-buy-yesterday/#comment-99 “Hey when I told you the 2.5 percent drop was the lowest ever and prices would go up I was off one month. This 9.7 percent drop IS the real lowest and now we are set to soar to the moon.” <br/><br/>I haven't heard any realtors predict the next move in housing and the NAR's chief economist doesn't speak for agents. He speaks for himself and the agent's national organization.<br/><br/>The above quote looks like a mixing of the new home market (15%) and existing home market (85%), right?<br/><br/>I would not advise investors/homeowners to buy into the new home market yet as the incentives only appear generous until you project out a year or so.... “Hey when I told you the 2.5 percent drop was the lowest ever and prices would go up I was off one month. This 9.7 percent drop IS the real lowest and now we are set to soar to the moon.”

I haven’t heard any realtors predict the next move in housing and the NAR’s chief economist doesn’t speak for agents. He speaks for himself and the agent’s national organization.

The above quote looks like a mixing of the new home market (15%) and existing home market (85%), right?

I would not advise investors/homeowners to buy into the new home market yet as the incentives only appear generous until you project out a year or so….

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