I live in Maryland. Washington DC metro area. I've been waiting for the right time to jump in and buy a townhouse that i want to live in for at least 10 years. Yes, its my first house, no flipping, primary resident. However, reading about real estate in the past 3 months have been driving me crazy. I'm the kind that will have sleepless nights for months before making investments decisions, buying a car e.t.c
I don't want to have to regret not waiting if i jump in right now and the housing market falls a bit lower. At the same time, i'm no fortune teller.
What do you think i should do. Wait or buy now?. How about waiting 8 more months or so. Please also remember that mortgage rate is creeping up slowly.
Please i need only respectful and honest advice. If all you have is harsh, hostile comments please just steer clear.
Thanks
JI
2007-06-26
08:34:01
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8 answers
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Renting & Real Estate