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Down the road. More storm clouds or a light at the end of the tunnel?
I've heard the verdict of so many who gaze into their crystal ball I'm about ready to tune it all out.  Are we near the 'bottom'? Should I buy now? Should I wait a year? Two years?   I wish I knew any of the answers but I don't know.
 

There, I've said it. I don't know.  The reason I don't know is not because I don't have a crystal ball - though I don't.  The reason is because the answer depends on your reason for buying.  It depends on your current financial situation and it depends on whether or not you have to sell a house first. (If you do  and waiting is a serious option - I'd wait.)
 
If I were renting right now and buying was an option I'd buy in a heartbeat.  If I were an investor and wanting to flip houses - I'd wait. If I were an investor and wanted to add to or start an inventory of rental houses for the rental income I'd seek out all the numerous deals I could get my hands on.  
 
A lot of folks currently renting think the mortgage market is to tough ... more

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