Timing the Buying Market: What happens if you wait?

Some of my buyer customers recently have asked me, "What happens if we wait? Will the market continue to slow, and prices drop even further?" This page from Keller Williams explains what happens if you wait. Prices are extremely low and we are in a down market. Lucky for buyers, interest rates are as low as 5 and 6% right now too. Many people are scared due to the talks of banks failing, the government bailout and a general downturn in the economy. But I challenge you to look at these numbers and see if buying now doesn't make more sense than it ever has.

For investors, or people who plan to live in a home for at least two years, now is the time to buy. Even if the financial crisis continues, and banks fail, there will be only a few major banks issuing loans. Do you think they will keep loaning money at 5% if there is less competition? Certainly not. Many real estate professionals are predicting rates to jump to double digits over the next 2 years.

If you are thinking about buying....don't try to time the market or you may wait too long. Email me today and let me help you find your dream home in Tampa Bay, at a great price.

Liane Jamason, Realtor
Keller Williams Realty
http://www.MyWestFloridaHome.com