What is the best time to buy a house?
After all, what is the best time to buy? Obama admin. allows a credit for the first time home buyers, interest rates are low and prices are falling. Trying to make predictions about these important factors is difficult. In my opinion, I think the federal government should increase the rate of the Fed in August to combat inflation, so rates will be. Credit expires in December. However, foreclosures are still rising, unemployment is growing, while the number of salaries are reduced. Therefore, a good chance that the bank maintain a high inventory level. I have the intention to wait until January or February 2011. I think that even if rate increases federal credit unions and Bernanke Obama expires, the housing prices continue to decline to levels that would better wait until after December. There may be additional incentives if Obama funded not presented at the level you want. What do you think?
In fact, I agree with most of your predictions and logic. I'm not there be another tax credit for buyers – The Hill and the White House begins to realize that the deficit should be contained. I do not think we'll see inflationary pressures at present which means that Bernanke and the Fed will probably leave interest rates where they are for time. I hope that housing prices continue to soften, tone this time around December to February (firming feel more down does not mean good). While unemployment is expected to continue growing at the end of the year, I hesitate predict the expansion, which, if everything remains the same, indicating that the housing market will not recover and continue to see above the average stock. I expect the market partially clear housing for next summer, and prices start to appreciate the fall of 2010 (anyone trying to return home will be disappointed – I hope a minimum increase – an average of 3 to 5% per year, enough to cover the mortgage and other expenses).
The New First Time Home Buyer Credit – 2009 Stimulus
