2007-08-21 13:07:01 · 4 answers · asked by Erika 3 in Business & Finance ➔ Other - Business & Finance
10 years or so.
There area too many houses new and old on the market right now. Plus you have another thing that is going to happen, the boomers will start dropping dead in droves in the next ten years which creates more available housing...
more housing = cheaper housing. Its that whole supply and demand thing.
2007-08-21 13:14:39 · answer #1 · answered by SpankyTClown 4 · 0⤊ 0⤋
The "housing market" goes in cycles. It goes up. It goes down. Right now, it's at the very begining stages of the "it goes down" part. We will be in this part ogf the cycle for the next two years I believe.
2007-08-21 20:14:52 · answer #2 · answered by teran_realtor 7 · 0⤊ 0⤋
after it finishes going down, which will be after this foreclosure mess is behing us.
give it a couple of years.
GL
2007-08-21 20:13:48 · answer #3 · answered by Spock (rhp) 7 · 0⤊ 0⤋
yeah after it crashes more when all the liquidity greenspan let loose are absorbed by bankruptcies.
2007-08-21 20:30:35 · answer #4 · answered by bullet b 4 · 0⤊ 0⤋