2007-12-26 02:51:23 · 3 answers · asked by Anonymous in Business & Finance ➔ Renting & Real Estate
Prices will continue to drop for a while, but in the Bay Area dropping from 2 million to 1.8 million is still, well, insane!
You really have to be on top of it with a great realtor who will keep you informed. Buying when things are still falling is not a good idea. Some economists say it will continue into 2010.
I say hang in there, pick your area and watch and wait patiently.
2007-12-26 02:54:58 · answer #1 · answered by MadforMAC 7 · 1⤊ 0⤋
This is a great time to buy. While I think prices will drop a bit more, the interest rate may go up. Lower prices do not help you if you pay high interest.
Shoot me an email. I know a fantastic real estate broker (no, it is not me) that will be able to help your family not only find a house, but find a great house for their money. He is completely on top of things and finds the most amazing deals. He is also very assertive dealing with the banks and can get them to close quickly, at teh right price.
2007-12-26 03:21:19 · answer #2 · answered by Landlord 7 · 2⤊ 0⤋
3 years time
=]
2007-12-26 02:54:05 · answer #3 · answered by Anonymous · 0⤊ 0⤋