Posts tagged ‘first-time home buyers’

The Times Says the Time is Now

An article published by The New York Times a month ago provides home buyers several reasons for purchasing a home now instead of holding off. First, today’s real estate market offers great buying opportunities. Interest rates are historically low and home prices are affordable. If you have a good credit score, enough money for a down payment, don’t need to sell another home and plan to hold on to your new home long-term, there should be no reason for you to wait.

But if you are waiting for the market to bottom out, good luck – I truly hope you time it perfectly. Real estate is not about market timing, it is about enjoying the freedom of home ownership with a mortgage payment you can afford. Do not let greed get the best of you – otherwise, you may wait and wait and before you know it, you’ll have missed the train.

For the complete article, go to: http://www.nytimes.com/2008/12/06/business/yourmoney/06money.html?pagewanted=1&_r=3&adxnnlx=1231304149-1uw8qNLYI/fnq/Rt1rp3LA.

January 7, 2009 at 11:58 pm Leave a comment


Categories

Feeds