Good Time to Buy a Home?

As real estate prices in some markets are adjusting and normalizing, many on the fence prospective home buyers are seeing an opportunity that hasn't been an option for a few years.

Bankaholic has shared with us 5 Tips for Buying a Home in a Down Market and for those going after foreclosed homes you should heed these warnings.

Tags: bankaholic, home buying, real estate

Charles & Hudson | April 11, 2008 | Comments () |

Allison

I think it can be a good time to buy, but you have to realize that the house will take awhile to appreciate -- can't expect quick appreciation like we saw in recent years. I would bargain and bargain to get the best deal!

Charles & Hudson

Yes, the days of house flipping seem to be a distant memory.

Allison

You are right, as there is too much inventory right now. If you can buy at bargain prices and hold it awhile you could do o.k. I'm focusing on renovating my own house instead. Better investment!

Charles & Hudson

Thanks for the kind words!

Andrew

I am definitely not a person to weigh in about whether or not to buy a home at the moment; however, I am one to weight in about this website. Very impressive. So many topics, so many postings. Such beautiful colors, photos and layout. Wonderful job.

--Andrew

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