mn: SHOULD I BUY A HOME NOW? Minnetonka MN
- 12/05/10 07:23 AM
I'm often asked if this is a good time to buy a home in Minnetonka MN. Some clients are concerned that home prices may fall further than they have already. They are assuming that the best course of action is to wait for the bottom in the market and then buy. The problem with this approach is that you don't know where the bottom is until you see it in the rear view mirror, meaning until you've missed it! Home prices are one factor in determining your cost of ownership, but so are interest rates and financing availability. Interest rates have … (0 comments)
I'm often asked if this is a good time to buy a home in Minnetonka MN. Some clients are concerned that home prices may fall further than they have already. They are assuming that the best course of action is to wait for the bottom in the market and then buy. The problem with this approach is that you don't know where the bottom is until you see it in the rear view mirror, meaning until you've missed it!
;)
;)
