Platitude???????? I guess I didn't make myself clear.
I understand . What you stated has become almost a mantra for some
economists and financial advisors. It has been said for so many years
that it has become banal, trite, stale: a platitude.
Today the market is more likely to go down and I
personally would not purchase anything unless it is
very under priced.
Thousands more have the same take on the real estate market. I say
the market today, 11/2/06, is still in modest adjustment but leveling
off and will within the next year rebound in many parts of the US.
The timid will wait until it is too late. The bold will buy too soon.
Those who make the substantial effort to find facts for their market
area will buy at the right time.