Believe it or not some people are waiting for rates to go lower before they make a move! How much further will they go???? We are already in the 3's for a fixed rate! People shouldn't be scared to make a move in the econmy we are in with rates that low and home values at such a great deal! I think now is the time to buy a home and 1st time home buyers should not wait!! Are we at the bottom??? uuummmm
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La Quinta, CA
The Lori Bowers Group
I would say it does not matter if we are at the bottom and you get such low interest rates and the home of your dreams. Go for it!
Oct 13, 2010 04:39 AM
Geneva Financial, LLC - Beachwood, NJ
Honesty, Integrity, Service
As "The Street" says: Bulls win, bears win, pigs lose.
Anyone waiting for the bottom will usually lose that bet!
Oct 14, 2010 10:54 PM
Megastar Financial Corp - Redding, CA
We need more real estate agents to get it into buyers heads that if they are buying a home to live in they are not buying an asset. Your primary residence is not an asset. It is a liability. You buy a home to pay down principle instead of paying rent. There for if you plan on buying you do not need to find the bottom of the market. In fact investors do not try to find the bottom of the market. They buy on the way down and then sell on the way up.
Home buyers need to know that if they can afford the home with a fixed rate mortgage and they can make the numbers work better than renting the jump in.
Oct 20, 2010 07:49 AM
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