Shiller/Toth Agree

Read a most interesting article in which they said that Shiller estimates no increase in real estate values for at least five years, maybe as much as ten....exactly what I've been telling my clients. My point in this is...if you are waiting for a market rebound before selling your home, you are going to need plenty of patience. As I've said to plenty of people, forget 2005, it's over and done, prices have now adjusted to where they will be for some time, so accept it, and do what you must. Remember, if you sell in this market, you will be buying in the same market so...apples to apples!