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House prices



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HealthCoach




 
 
    
 

Post Thu, Oct 26 2006, 12:58 pm
Does anyone have an opinion on whether now is a good time to buy a house? I have been following the housing market, and can't get enough opinions.
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DefyGravity




 
 
    
 

Post Thu, Oct 26 2006, 1:01 pm
I think that the market is going down a bit right now.
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amother


 

Post Thu, Oct 26 2006, 1:07 pm
We bought not to long ago and were told to buy if we were in it for the long haul and as a primary residence.
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mimsy7420




 
 
    
 

Post Thu, Oct 26 2006, 1:12 pm
If you are buying a house now that you will live in for a long while, and can stay there while the market dips and rises, then its the best investment for your money. If you are planning to buy something small that you might outgrow in 2 years and you will have to sell right then, its hard to tell how the market will be in 2 years. But if you can stay in the house if the market suddenly crashes, it wont matter so much because you can just wait for the market to go back up again, whether that be months or years.
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chocolate moose




 
 
    
 

Post Thu, Oct 26 2006, 2:01 pm
it's always a good investment...depending on your rent, of course...if you have a $30 or $80 monthyl rent on your section 8 apt, it's not cheaper for you.

I have a friend who owns a home but can't afford to live there b/c of that scenario.
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