A good deal is a good deal. If you're paying rent right now, that's money that's going out the window every month, not paying down your mortgage or giving you any income tax benefits. Even though it seems that prices may decline a bit more before hitting rock bottom, interest rates are great right now. It's a good time to buy if you are going to stay in your next home for at least 5 years or so regardless of where the market is or going. Although there is no guarantees in life or in real estate, I think it's a great time to invest. If you're not currently working with a buyer's agent, please feel free to contact me so I can explain the benefits to you. Good luck!
Certified Buyer Representative
Senior Real Estate Specialist
Century 21 Princeton Properties
Top 2% of Century 21 Agents Nationwide!