Thursday, December 27, 2007

After Christmas Fire Sale

Christmas Day is over (although the 12 days have just begun), and you know what that means--stores are having huge sales to reduce their inventory so that there's room for the spring and summer items.

Well, as you know, there are some great real estate bargains out there, too. I'm going to spend some time compiling the equivalent of after Christmas fire sales for houses and post it later today. Regardless of the many reasons why the real estate downturn occurred, the key to overcoming these low, low prices is to rid ourselves of the large inventory, especially before it grows with spring and summer listings. Supply and demand dictates value in many economic sectors--and real estate is no different.

Stay tuned . . .