Yesterday a first-time home buyer asked if it was a good or bad time to buy a home. He and his wife had lived in an apartment for some years, and now their personal situation will finally allow them to buy a home of their own.  But they were worried about buying now when the economy is in such a mess.

I couldn't help them decide on long-term prospects for the American economy, but I do know that Warren Buffett's advice in an op-ed piece in the New York Times is sound.  He says, "Be fearful when others are greedy, and be greedy when others are fearful." 

In terms of buying a house, if you have good credit and money for a good-sized down payment, now is an excellent time to buy.  I learned very early in life to buy on the downside and sell on the upswing.  That's just good sense.  So if now is your time to look for a house, go ahead.  The supply of available homes in Denver is plentiful.  Interest rates are still low.  Denver's economy is solid. 

And if you need someone to help you sort out the possibilities, give me a call.  I only represent buyers.  I can help make sense of the complexities of buying either your first home or your move-up home.  You can reach me at 303-587-3509, or you can email me.