A new survey from Harris Interactive — on behalf of Trulia — found that people think.
A. It’ll be better to buy now than next year.
B. It’ll be better to sell next year than now.
“A” is probably true — more buyers are entering the market, and inventory is tight and getting tighter. Further, there’s no clear sign of that letting up. Still, there are foreclosures in the pipeline and plenty of REOs that might ease the inventory pressure.
“B” is harder to call. Now is a great time to sell, but if inventory stays low we could be headed into a full-fledged sellers’ market next year. so maybe it will be better. It’s going to depend on local conditions, though — what’s true for Fredericksburg won’t (necessarily) be true for Martinsville.