Many questions have arisen about if the housing market has hit bottom. Such as, if you purchase now, will you lose value in your home? Will interest rates continue to drop? All of these questions of concern are valid and should be addressed.
As a Realtor, my concern is to make sure I find the right home, at the right time, at the right price for my clients. I came across this great article that discusses how the financial crisis effects mortgages. I don’t believe that their is a “set right time” for purchasing a home at this time in the market. The “right” is dependent on your own personal financial situation. Making large purchases at this time can be intimidating, but if you have the capital for a long term investment, like a home, you’re emerging and will be participating in one of the largest wealth building opportunities of our time.
{ 0 comments… add one now }