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Who Says The Housing Market Has Bottomed?

Do you know who this is?

John Paulson

Even if the graphic didn’t tell you?

This is the guy, John Paulson, who called the housing bubble and bet everything he had against it!

Needless to say he made billions!

This is a guy that is in the trenches and has a feel for things, like:

The Housing Market has Bottomed

He says:

“Now, Buy a home or two, if you can.”

Say What? The guy is right! Forget about the hysteria play of the day with the media. They know absolutely nothing about local real estate.

The truth is things change slowly, the housing depression was almost 7 years ago. Progress has been made, sales are better but lending is still difficult.

Mortgage rates are still very low even though they have gone up the last 2 months. Inventory is slowly improving and is getting better as sellers feel more confident about prices.

Real estate and your home are serious matters not a “story of the day”. The best thing to do if you are interested in buying or selling is study the local market and contact a professional expert to know what really is going on.

To be honest, I didn’t know who the guy in the graphic was. But I do understand that interest rates are going higher and as they do everything becomes more expensive. And that means higher payments and less house.

Of course, if you pay cash it doesn’t matter and there are still buyers doing this.

Really! Wonder why? Ask me I know real estate stuff.

About Terry Smith

Passionate about real estate, positive problem solver, specialty boutique real estate brokerage that does things your way! A full-time Broker & REALTOR®, helping people buy and sell homes in the Dallas - Plano area. Whether you're a buyer just starting out or someone with luxury properties to sell. I have extensive knowledge and experience to help you with your real estate transaction. I am a native Dallasite. Have questions? Ask me. You can find me on Google+ and Pinterest.

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