Quote:
Originally Posted by IllTestYourGirls
Without a doubt. I keep telling myself I am going to buy "this summer" but each year the prices keep going down. I have bought one dump that I am renting out but want to upgrade the place I am living in. Had the plans to buy this summer but I dont think so now. If I wait another year or so Ill save another $100k+.
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That's the key factor keeping prices down: people hold off buying because of the expectation of further price reduction. I don't see that changing in the near term.