Is This the Best Time to Buy?
March 1, 2009You can throw your “future” projections — and predictions — of resets and foreclosures out the window.
That is “old news”, which will be rendered increasingly irrelevant over the next month or two, as lenders scramble to implement the President’s new Home Affordability & Stability Program.
The biggest tidal wave in homeowner mortgage history will happen over the rest of 2009, as mortgage industry continues to adjust throughout the country.
As someone well versed in both buyers and sellers, I’m looking forward to the rest of this year and 2010.
To answer the original question, this is THE best time to buy real estate in the past 4 to 6 years. Yes it is and I say go out and find one, you will never see prices or mortgage rates this low again in this century.
