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Reply to "buying now or waiting another year?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]We are on the market for two years now. We are in our thirties but we were living in urban areas for work(nyc, sf, dc) so never bought a home before. We finally managed to collect the downpayment and with spring, there are actually some listings that we like. But reading these bubble news everyday are so depressing. My husband has a start up company, so we have a good monthly income but also in a high risk situation. I am in grad school and a year shy of graduation. What would you do? I read in bubble threads that it makes sense to wait for another year but people were saying the same thing last year when the prices got crazy, so I do not want to wait another year for nothing. we are currently renting in Fairfax County. Thanks![/quote] We were in a similar situation last year and I'm very very sorry to have listened to people that told us to wait or made patronizing comments about how they wouldn't pay the market prices. [u]Esp those that live in cheaper areas that we don't want to live in.[/u] [/quote] Because people in cheaper areas are bad at predicting markets? My guess is you are a realtor. Any potential buyer who didn’t buy last year (and still hasn’t bought)!is breathing a sigh of relief right now. [/quote]
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