Is Now The Time To Buy A Home?
I have written about this time and time again and others are saying the same thing. “The very low interest-rate environment, along with a federal home-buyer tax credit, make a compelling case for many buyers to make a home purchase now and in the next several months, according to real-estate economist Ken Rosen.”
You need to take into account how long you plan to stay in or keep the home. If you are thinking about moving due to a job, etc. then now isn’t the time. Most importantly, don’t spend more than you can afford and make sure to have money left over after your purchase for reserves. You never know what might go wrong and you don’t have a landlord to pay for it anymore.