Source: Real Estate Marketing Forum
Too many choices in the housing market makes deciding to purchase even tougher for buyers today. For instance, there are the obvious questions, "Is the market at at the bottom?" "Will the economy get worse?" These are questions on everyone's mind these days. As to the market bottom question, however, I'll only say that the only way you can determine when the market has hit bottom is only after it's already on the way back up.
These questions are not the decision making problems I'm talking about, however. What I'm talking about is the fact that with increased inventories in practically every market category, it becomes increasingly difficult for many buyers to make a choice that leads to ultimate personal satisfaction! Too many choices leads to paralysis. The fear of making a bad choice forces us to make no decision at all, or at the very least delay, delay, delay the decision making as pointed out by Seth Godin in his recent blog post.
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