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Reply to "When will home prices starting going down again?"
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[quote=Anonymous]Agree with everyone they won't, at least in this area. Prices barely went down here in many areas in 2008. They may plateau at points but there is not likely to be a huge drop. When my parents were buying in the 80s there were people saying they were waiting for things to drop, people have always been waiting and it has never really happened. If it is your long term primary residence as others have said and you plan to get into the market in the next few years, just buy the home that works for your life and finances, and refinance when the opportunity comes. Waiting around here never seems to help anyone. You can't time the market and home buying is more about a lifestyle choice than an investment anyways, from a financial perspective.[/quote]
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