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Old 01-05-2015, 01:27 PM   #2
Travis Munroe
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it's being discussed in another forum but I see no harm in having it put in here.

It all depends who you talk too... I have heard everything from 10% drops to 3% gains (down from roughly 6% last year).

It's a difficult time of year to use market trends as this is always the slowest time of year.

The biggest issue with those who wait for it to bottom out is good luck knowing when it has bottomed out. The media is often a month or 2 behind on their reports and a lot can happen during this time.

If you manage to time it where you save on a 2% decrease, run some numbers to decide if rent payments really made it worth your while (if your currently renting or plan on selling, renting and buying.)
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