"Once interest rates go back up, we aren't likely to see them this low again. I am not an expert but simple math says this is the best time to buy."

So you love to be indebted? You have much company in America.

We are near record low rates and most people are unable to afford even the small downpayment for a home. When rates go up to say 8% even these people will be unable to qualify for a loan bringing home prices dramatically lower. Think 10 cents on todays dollar.

The best time to have bought was in the late 1970's when interest rates were super high and home prices were $7000 to $25,000.

I guess I need to remind everyone that as long as you are getting financing you are not a homeowner. The bank owns your home until you pay the note off. At the end of your 30 year term you will own your vastly depreciated home and will have bought the banker two homes.

Debt is for suckers and smart bankers.

Why would you not buy when the rates are low and our housing prices in fort worth are not inflated like everyone else's. Once interest rates go back up, we aren't likely to see them this low again. I am not an expert but simple math says this is the best time to buy.

I would not buy at this time as the rates are too low and the government is too interested in conning people to buy with $8000 tax credits. When rates are near record highs, given that Americans save nothing, homes should be selling for much lower prices.

Gotta buy low you know. Until then renting is the best option.

The Fort Worth foreclosure market is but a small percent of our business. Yes, there are more foreclosures than we have had since the 1980's, but there are also more stable jobs, and more people relocating here than at that time. All in all there is a foreclosure market, and there is a regular market. They are NOT the same. When comparing to the 1980s, we must remember that Fort Worth now has 40% more homes in the area than in 1980. Now in 2009, Fort Worth also has more people relocating here for the stable job market, as well as the other benefits of this area.

I have stated before, just as the NAR president has written, that even within a city, there are many different markets. That is true here in Fort Worth, TExas. Stats are stats, but stats do not tell the whole story. Sometimes we must be careful of the out of state investors who see this at a bonanza to buy up investment properties and they sometimes paint a picture to skew stats.

The bottom line is this: If you want to live in a great city, with great amenities, good job opportunity and get great buys in real estate (whether the foreclosed, or the more stable areas) you will not find a better place to come. Please contact me anytime with your real estate questions. I love Fort Worth!