Should I Buy a Home Now or Wait?
Posted on | September 4, 2009 | No Comments
Should I Buy a Home Now or Wait?
by Matt Clark, Cincinnati Realtor
Cincinnati Real Estate
Should I buy a home now or wait? I’ve never been asked this question more than in the previous few years as real estate news and economic woes have dominated the news.
Buying or selling is a personal decision first and a business decision second for many people. People get married, babies are born, kids go off to college, etc. Buying or selling can be a need and not just a want.
When you read that home prices are falling or it is taking longer to sell a home it is certainly normal to question your decision or spend longer gathering information about what to do.
3 burning questions on everyone’s mind.
- Which way are prices trending?
- Which way are mortgage rates trending?
- Which way is the amount of homes for sale trending?
For anyone sitting on the fence, this is a MUST READ before jumping off!
Should I Buy a Home Now or Wait?
Or as the great Warren Buffett said “We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.”
Mortgage rates are near historical lows, home prices are at lows, and inventory is starting to decrease (which will send prices higher and provide much less choice).
Call me today and ask Should I Buy a Home Now or Wait?
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