Quote:
Originally Posted by Zayne E.
Sellers are in la-la land over what their homes are really worth and NOTHING is selling right now. I would say 80% of the units here have for sale signs in front of them and everyone is speculating on a killing and really don't seem to be interested in actually selling.
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Thing is. What if you want to buy? Is there any good historic rule of thumb to "spot" a bottom in a housing price decline? I know it's hard to catch a falling knife but there must be precedences for a popped housing bubble before (1982, 1991). There must be a way to take advantage of forced selling as a buyer.