Check out my website at http://www.lanalavenbarg.com or http://www.lanalavenbarg.net to see what you can buy here for that kind of money!!

Hello, if you wait any longer the prices are going to rise. The news has been reporting over several weeks slight increases in prices and the sales market. If you found a good deal today then you should jump on it now because the market is beginning to have an upturn. Location is everything in this market and if you can get a one bedroom co-op in Clinton Hills for under $300k then I don't know what you're waiting for. Don't forget we have prices drops for over two years now and the lowest interest rates in over 40 years so you should jump at this opoorunity before it's gone for good.

Read the following news headlines

House Sales Are Up! (more buyers means more demand = higher prices)
http://www.foxbusiness.com/story/markets/industries/finance/…

Hopeful Signs In Housing
http://www.nytimes.com/2009/07/26/realestate/26njzo.html?_r=…

Hello,

I have a coop in Willoughby Walk apartments across from Pratt Institute that was just reduced to $225,000. Call my office at 718-624-9500 to discuss further.

Adolphus Dickerson
clinton hill RE

M - You take two risks if you wait. Risk 1 is that prices go up, and risk 2 is that interest rates on loans go up. Have you spoken with a local Realtor about whether this co-op is at a reasonable price? All markets are local. What are the local trends? How long will you be likely to live there? If it's more than a couple years, it could be a good investment even if prices don't go up by much. You will be building some equity, not paying rent. I think it's time for you to make some assumptions based on your local market, and do some number crunching. best of luck!