Monday, February 25, 2008

Buy or Wait??

The question on all buyer's lips these days seems to be "is it the right time to buy yet?" Yesterday's LA Times addresses that question with some pros and cons. The pros pertain much more to current market conditions, while the list of cons is, for the most part, a laundry list of reasons why your particular circumstances might not make this the best time for you to buy.

Says the article, selection, interest rates, lack of competition from other buyers (meaning no bidding wars), and greater bargaining power all combine to make now a keen time to buy, as long as you can actually qualify for a loan and your livelyhood isn't expected to go anywhere...

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