No.
Those who can afford to wait until the market improves, should.
But for those who absolutely must sell today, sooner is better than later!
When inventory is greater than the demand to the extent that a significant surplus exists, prices are driven down. And not until the opposite is true that you can expect prices to rise again. With 2005 and 2006 5-year ARM loans set to adjust in 2010 and 2011, tons more houses are expected to be added to the existing inventory.
If you don't like the prices today, you'll like them even less later.
Incentives, low prices and better selections make buying attractive to buyers, however. And those who are looking today, despite the cold and upcoming holidays are really serious buyers.
So if you have to sell but was thinking about waiting until Spring? Think again.
Spring brings out more competition from others who are thinking just that.
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