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do you all think it is a good time to buy a house?
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I have no idea, I will probably never own a house in my life.
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why not
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why not I don't like mowing lawn. |
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The housing market has bottomed out .. so they say. At this point the only fear is will you still have a job next week to pay the mortgage. So, if you have a stable job, now is the time to buy.
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do you all think it is a good time to buy a house? You can definately find some bargains if you look. I personally think it is a great time to buy and sh1tty time to sell... 
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i see house buying as investing right now and not buying a home
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Edited by
hereformore
on
Wed 08/05/09 05:12 PM
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There are good deals right now for first time buyers. You might want to consider a foreclosure (bit of a hassle) or an auction off. Even consider a short sell, good deals just a bit more work than a traditional buy. Overall I would say go for it...eventually investors will jump on and that drives real estate up. Depends on where you are buying too, some markets are holding their own.
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i see house buying as investing right now and not buying a home If you mean renting, there are a lot of people without jobs or with hours cut. Something to keep in mind. |
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If I had the money, I'd buy two or three.
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Edited by
Quietman_2009
on
Wed 08/05/09 05:43 PM
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now is the best time in 50 years to buy a house. Prices are depressed lower than the real value of most homes
BUT now is the worst time to try to get a mortgage. Banks are not lending except to those with the most pristine credit if you can get the credit jump on it |
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Yep, I wish I was in a situation right now to buy a second home (bigger and one floor plan) and get the other ready to sell at a later date. Just can't afford that second mortgage. If you have a backup plan in case you lose your job, I think it's a great time to buy.
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I believe it is a buyers market, lots of good deals out there for buyers, not so much for sellers...If I could I would buy an investment property. Go for it and good luck to you!
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