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Right Time To Buy?

29th September
2008
written by Lisa
House I liked in Delray Beach

House I liked in Delray Beach

Just when is the right time to buy?  Should you keep waiting for prices to drop even more?  I was in Delray Beach, Florida in August.  People there were saying, “you will never again see prices so low, but in the Spring they might be even lower.”  So what do you do — wait?  What if they start going back up?

The thing is now is a great time to buy.  And the Springtime probably will be too.  But more importantly, where are you in this process?  Do you need a place to live?  Do you plan on living in the property for a minimum of 3 years, but preferably 5 years?  Do you have funds to put into the transaction?  Do you expect your job and income situation to remain steady for the foreseeable future?  Will you have funds leftover for an emergency?

It’s not just about price and timing the market.  It’s about much more than that.

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Buying Real Estate

3 Comments

  1. mosterdahl
    29/09/2008

    This is AWESOME! I like how realistic, fair and kind you are about the REALITIES of getting into the real estate market right now. We are right back where we should be…buying a house to be our H-O-M-E.
    Love your blog!
    Mimi

    Mimi Osterdahl / The Muljat Group Realtors / Bellingham, Washington / http://www.LiveGoodBeHappy.com

    2008 President, Northwest Washington Women’s Council of Realtors

  2. mosterdahl
    29/09/2008

    Hey, thanks so much for adding my blog to your blogroll. I have moved my blog from Mosterdahl.wordpress to LiveGoodBeHappy.wordpress.

    If you change me on the blogroll, you will be able to see my recent posts.

  3. lavanna
    30/09/2008

    Wow, Lisa. I LOVE that house! I think that you just started a bidding war.

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