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To Buy or Not to Buy, That is the Question

February 28, 2009 REAL ESTATE No Comments

Times are tough, everyone is tightening their belts these days.  In addition to us realtors who are caught in the middle of what everyone is suggesting, is a major economic crisis.  Where are all of you buyers that up to 6 months ago, when prices were so inflated, that you’d be lucky if you kept your shirt when bidding on a property.   Now is the time, for you to get in on the action.  I hear everyone moaning and stalling, the only truth we know right now is that mortgage rates are at a historical low, with more tax breaks then before I can’t seem to get through to you first timers that now is your time!! Everyone is waiting for the bottom to drop out of the market, but remember that real estate is not like the stock market, we are talking about a tangible asset, that at any given moment if the wind blows the right way again we maybe headed back up again.   I’m not suggesting that this is the right market for a speculator mind you.  But if you want to get into home ownership, and expect to hold onto the property for 5 years, you are going to be on the right side of the fence if you take advantage of this market now.

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