Existing Home Sales Up in October

Existing home sales were up in October, but it is hard to hear that if you listen to the lemmings in the news media. Such negativity. . . Truth is - we all need a place to live. And, we buy a place because we refuse to rent any longer or we just want our own space. Forget the tax advantages or the fact that no one ever made a dime renting. And, sure, we remain cautious, but informed buyers are only reasonable cautious because, they know a good deal when they see one. They work with professionals in the housing market where they intend to live. They shop online, talk about what they see and make appointments when something looks interesting. Then they can confidently snap up the undervalued and fairly priced properties when we see them. The best time to buy any investment is when sales volume is low and, it has been that way now for nearly six months.