Question Details

Sabine, Home Buyer in Malibu, CA

Bid Debate!!!Buy now??? Or wait???? Same question 2 months later....

Asked by Sabine, Malibu, CA Tue Jun 17, 2008

I posted this same question in April, I am curious to see if anyones opinions have changed....

The big debate! Buy now or wait?
After a bit of research and reading articles by so called experts; it seems that many believe that we are just seeing the beginning of the decline in prices, forclousures etc. My husband and I have been priced out of the market for years, but now we are delighted to see that prices back back within reach. Too bad that with our 100K income we can still only afford a small older home in an older part of town(thousand oaks).... Now the question is, should we jump in now and settle for a fixer or should we wait until the end of the year? Say November, December when the market is typically at a standstill....
Any opinions????

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