March 22nd, 2008 11:40 AM by Manuel Couto, CRS, CRB
Well, the prices continue to drop, but we're starting to see investors coming back into the market, and sellers becoming more realistic as to the pricing of their homes.
This is still a great time to buy a home. Why? Interest rates are low, Values are discounted and while you may want to "Time" the market.. remember that you may still be paying rent that you can NEVER get back. While a mortgage payment to the bank still goes towards your home value... which has HISTORICALLY over time gone UP!! (go buy Manhatten back for the same $24 and change in beads and trinkets).
Get out there now! And call me with any questions. 201-997-7860 16