Comments on: Waiting For Next Year? Are You Sure? http://www.delawareohrealestate.com/2008/09/27/waiting-for-next-year-are-you-sure/ "Real Estate is Our Profession, People Are Our Passion" Thu, 02 Feb 2012 21:15:24 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Toby Boyce http://www.delawareohrealestate.com/2008/09/27/waiting-for-next-year-are-you-sure/comment-page-1/#comment-19737 Toby Boyce Mon, 29 Sep 2008 23:31:58 +0000 http://www.delawareohrealestate.com/?p=1743#comment-19737 Jim - Thanks for the well thought out comment. My contention is with this comment: <strong>To take advantage of both low prices and low interest rates a buyer needs to be in the market now!</strong>. Would you have said the same one year ago? If so, then would those same buyers have gotten a better interest rate and potentially better price today? Maybe. That's the problem -- for every "bought in '07 and would have saved in '08" there is someone that wouldn't have been able to get a loan in today's market. Jim – Thanks for the well thought out comment. My contention is with this comment: To take advantage of both low prices and low interest rates a buyer needs to be in the market now!.

Would you have said the same one year ago? If so, then would those same buyers have gotten a better interest rate and potentially better price today? Maybe. That’s the problem — for every “bought in ’07 and would have saved in ’08″ there is someone that wouldn’t have been able to get a loan in today’s market.

]]> By: Toby Boyce http://www.delawareohrealestate.com/2008/09/27/waiting-for-next-year-are-you-sure/comment-page-1/#comment-19736 Toby Boyce Mon, 29 Sep 2008 23:27:49 +0000 http://www.delawareohrealestate.com/?p=1743#comment-19736 We got some love during the most recent (11oth) Carnival of Real Estate hosted by MyNewPlace. This post was one of five honored this week for its look at the current economic crisis. http://www.mynewplace.com/blog/2008/09/29/the-carnival-of-real-estate-110th-edition/ We got some love during the most recent (11oth) Carnival of Real Estate hosted by MyNewPlace. This post was one of five honored this week for its look at the current economic crisis.

http://www.mynewplace.com/blog/2008/09/29/the-carnival-of-real-estate-110th-edition/

]]> By: Jim Cosgrove http://www.delawareohrealestate.com/2008/09/27/waiting-for-next-year-are-you-sure/comment-page-1/#comment-19437 Jim Cosgrove Sat, 27 Sep 2008 16:05:54 +0000 http://www.delawareohrealestate.com/?p=1743#comment-19437 Years from now "old timers" will look at home prices, shake their heads and say "do you now what I could have bought that house for back in '08?". Right now home prices are low AND interest rates are low. Home prices may dip a little more or may not but it is for sure that interest rates will be heading up once the bailout is rolled out. To take advantage of both low prices and low interest rates a buyer needs to be in the market now! Years from now “old timers” will look at home prices, shake their heads and say “do you now what I could have bought that house for back in ’08?”.
Right now home prices are low AND interest rates are low. Home prices may dip a little more or may not but it is for sure that interest rates will be heading up once the bailout is rolled out. To take advantage of both low prices and low interest rates a buyer needs to be in the market now!

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