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Monday, January 25, 2010

CBS: Homes Sales Plummet 16.7% in December

I don't understand why the media is making such a big deal out of that. December is the most expensive month of the year for most people and the biggest chunk of their income goes towards presents and other Holiday expenses.

There is no doubt in my mind that as the year progresses, the sale of houses will pick back up. It is still one of the best times to buy another home; the choice is abundant and the prices are relatively low which presents lots of opportunities for especially first time home buyers.

Even those who already are the proud owners of a house are turning it in to a castle. Lots of money is invested in renovations and remodeling and I suspect Contractors will have their hands full for a while to come.

It may seem like it would be a lot cheaper to do it yourself, but I tend to differ. You really have to know what you are doing and the problems you would run in to could be devastating to both your budget and your sanity.

It is best to leave that job in capable hands. Besides, what is more pleasant then sitting on your hands and watch other people do the work?!

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