To fully know if you ought to rent or buy at the present time needs consideration of your financial picture. An up-to-date look at your credit and score is essential. And, take a look at any expenses you are looking at in the near future to safe-guard yourself. What spending is within your financial safe comfort zone? Do you have car payments? Will you need or want to replace your vehicle, furniture, etc. soon? Do you have other monthly obligations and expenses you must meet? You need to know these answers and an excellent mortgage lender can assist in this area. The sales conditions of the areas you asked about basically stay steady. As far as which area is more desirable for your preferences these answers you will find by contacting those local chambers to find out if they hold the ammenties and services you prefer. Also, taking the time to drive through your areas of interest as well as attend their festivities will help decipher if you find it meeting your needs. Which TYPE of properties for resale, the features it has, and what condition it's in are certainly a consideration to take into account when buying for possible resale later. I would be happy to discuss your needs further and assist you in looking for a new home. Please feel free to contact me firstname.lastname@example.org
Have a loan officer sit down with you, run your credit, review your debts and source of cash and then make a determination to buy or wait at that point. Doing things on-line is not going to get you where you need
Secondly, real estate is local. I see pockets (developments, neighborhoods) that are still appreciating while next door to them the prices are still adjusting.
Now is the best time to purchase. If interest starts going up, you will end up paying more for a property, even if the price of the property goes down.
Get a Realtor to represent you and when you find a house that can be a home, have the Realtor comp out the neighborhood for sales within the past 3 months so you will have an idea of what the true value is and can comfortably move forward with a bid.