Yes, it is askew. We are in a " Buyers Market" and that has not changed in the last 16 months. We have at least another year of this type of market, but dont count of huge discounts. The market has stabilized and now in recover mode. No doubt youve seen houses sell with multiple offer and youve lost them all. Todays market prices are todays prices. If you want to buy a house today, you have to pay todays price. Not what you think its worth 3 months from now.. Your method of 'Seeing How Low I Can Go" is not working. - Fri Aug 29 2008, 06:34
If you are planning to buy in the next 8-12 months, you have plenty of time to relax and take a few vacations. Inventory will be proabaly be very healty. If you have great credit, dont rush into getting pre-approved. Being pre-approved means you are ready to buy in todays market, not a potentially a year.
Once you decide its time to buy.. interview realtors and a loan officers for your business. I would not waste your time or the realtors time until you are absolutely sure you are ready to buy. - Wed Aug 27 2008, 14:46
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