Whether buying a car,picking a stock, or purchasing a home, it's natural to want to get the the best value possible. Yet when it comes to real estate, holding out for a slightly better deal can be costly.
With many economists predicting the bottom of the market is near, the time to buy is now. It is impossible to know the exact moment the prices will be at thier very best. The only way to really know when prices have hit bottom is after they start coming back up.
If you were to buy a home today will it cost more or less a few years from now, not just in terms of sale price, but also mortgage. While it's always possible conditions could improve further, it's more likely that we will see a drop in today' record high affordability and historically low interest rates.
There has never been a better time to buy!
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