Now is a Great Time to Buy!

DO you think property will ever go up?

If you do then now is a great time to buy as bargains are everywhere:

Almost one-third of U.S. homeowners who bought in the last five years now owe more on their mortgages than their properties are worth, according to Zillow.com, an Internet provider of home valuations.

Comments

[Annicedda]

One thing that I know is history tends to repeat itself. Look back in time to predict what will happen in the future for real estate. At times when the economy slumped and then rose again how did that effect housing prices? Use that as a guide to investing in the real estate market for yourself. It's best to contact a Realtor who is familiar with the local market. They will be able to advise you on making a good investment. For first time home buyers, research everything! Read and consult your friends and family. Check out http://www.first-house.info for tons of great information for first time home buyers.

[Lynn Chase Burke]

Very good advice indeed. It is the law of polarity or simply put "there are always two sides to a coin". What goes up must come down and the flip side is also true. This is just a cycle like everything in life. The time to buy is now, when cost is low, is definitely the way to go. Don't wait till all your neighbors are buying. Lead the pack. As Emerson said much more eloquently than I, "Do not go where the path may lead, Go instead where there is no path and leave a trail...." If everyone had heeded those words during the housing boom we wouldn't be in the economic crisis we are in today. Never follow the pack for investing information as it is usually too late by then. Also Real Estate should always be considered a long term investment not a get rich quick scheme. - Lynn Chase Burke Las Vegas market REALTOR

[Vikas]

i recently read Alan Greenspan said falling home prices in America are “nowhere near the bottom”.

and this fact prove this statement. Peoples are willing to bargain on prices.

[Minneapolis Reo Properties]

yes, i truly agree with you. The real estate crisis has instilled fear among the public, wiser people know that now is the BEST TIME to buy a real estate owned home.