And if you don't believe me that interest rates are going to continue to rise...
Check out these articles:
Mortgage Rates Climb to 9-Month High
Greenspan Predicts Rise in Interest Rates
How do people make money in the stock market? They buy when prices are cheap and everyone's desperate to sell! The same principle applies to real estate!
Remember, we all know the housing market will "come back" for sellers at some point. Why wait until the conditions are favorable to sellers (therefore unfavorable to buyers) to buy? Buy now! Buy now! Buy now!
If you don't, you'll wish you had later!!!
Can you buy a house and flip it in a month for a 100% profit in our current market? Probably not, unless you find the quintessential diamond in the rough. But, if you plan on staying in your house for several years, you will make money when you sell your house!
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