coral springs real estate / 마이애미 한인
By Paul OwersMarch 30, 2012 07:00 AM
Board-certified real estate attorney Gary M. Singer writes about the housing market in this space each Friday. To ask him a question about short sales, mortgages, refinancing, homeowner’s associations or any other residential real estate topic, click here.
Q: With the market up and down and with elections on the horizon, my husband and I are unsure about whether we should buy a home. We don’t want to wait too long and have prices go back up. What are your thoughts on buying in 2012? – Emalita
A: Buy. The housing market is nearing a bottom in many areas. However, I think this recovery is fragile, just like the beginnings of a recovery in the economy. Unforeseen events certainly could cause another dip in prices. Even if this occurs, I don’t think that most areas will drop very much. And temporary declines don’t matter as much to people who buy and intend to live in the home long term. Interest rates seem to be on the rise, and that will cause mortgage payments to rise as well. I would start planning to buy, but don’t be in a rush.
coral springs real estate / 마이애미 한인
The information and materials on this blog are provided for general informational purposes only and are not intended to be legal advice. No attorney-client relationship is formed, nor should any such relationship be implied. Nothing on this blog is intended to substitute for the advice of an attorney, especially an attorney licensed in your jurisdiction.
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coral springs real estate / 마이애미 한인
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