Hi Rebecca,

Have you bought yet??

Hi Rebecca, The real estate market close to Boston--- within 10 miles is not going to go down much further. The best thing to do with your agent, I am assuming you do have one, look at the origional list price, days on market, have there been any other offers? Have your agent pull the comparable sales in the area and come up with a fair offer, meaning not 100k below asking but put a little negotiating room between asking and what your offer actually is. Interest rates are low once again, and keep in mind your interest on your mortgage payments and your real estate taxes are deductable on your taxes. Most of all, I tell people that " you will know it when you see it" Ask yourself if that is how you feel about this property. If the answer is yes, then I say go for it. Best of Luck, Cheryl Henderson Century 21 Adams 857-891-1216

Rebecca the real question for you to ask your family is who is the real estate agent in the family, and who is the mortgage professional. Family and friends love to offer their opinion, but it is often wrong. For a buyer right now the mortgage rates have remained low, and inventory is high creating competition. It is truly a great time to buy. Your family may be right that prices MAY be lower in a year, but will the rates be as low as they are now....probably not, and what happens if we pull out faster than expected you will be paying more at a higher rate, and the place you love won't be there anymore. I don't mean to scare you, but if you see a place that you love, and the payments are within your price range, then there is no time like the present. You arn't buying a stock or a bond, but a home that you will spend every day in for years to come. Hope that helps.

Hi Rebecca,

Now is a great time to buy. Rates are low and sellers are negotiating. If you love a place there is no time like the present. We don't expect the market to crash, it's anticipated to remain steady. You also need to calculate out the money you will spend for renting - why pay someone else's mortgage?