The New Year is upon us and many potential buyers are contemplating “to buy or not to buy”. As agents we often hear “When is the best time to buy”, “Should I wait till the market drops”, “When would you buy?” To each client the answer may be different dependent on their financial circumstances.
Walter Updegrave of CNNMoney.com wrote a great article on this very subject called Timing the Housing Market. He made some great points well worth reading if you are one who is contemplating a purchase in 2008.
1 response so far ↓
1 Barbara McLaren // Feb 7, 2008 at 5:10 pm
Well sometime’s we do what we do because it is in the best of our interest. Explaining that this for me at this time because I need to do what make’s me happy and I don’t trust the market in anyway because it alway’s seem’s to change so fast, either up or down, so I am going to take the plunge and try to get all my duck’s in a row. I was going to buy a home already fixed up and ready to go but for me, I think I want to buy a home that is in forecloser and or need’s fixing up. I like a challenge and I will get a good deal I’m sure. The only thing bad about buying a home in forecloser is that you have to have the money up front, no waiting on the contingity for you home to sell before you can buy a home and that’s where I am. So like I say a fixer upper or? What ever will get me into another home. I am ready I can’t wait for the market to change. I want to move…NOW
Leave a Comment