"Je trouve votre site absolument superbe!" -Kathya
Read More Testimonials»

Our Buying a Home Experts

Kelly S. Jones

Kelly S. Jones

Certified Feng Shui, Chinese Astrology and Akashic Record...

Shared by First30Days View Profile»
Melanie Mannarino

Melanie Mannarino

Deputy executive editor of REDBOOK

Shared by First30Days View Profile»
Brian Yui

Brian Yui

CEO and founder of HouseRebate.com

Shared by First30Days View Profile»

Meet all of our House and Home Experts»

Got a Question?

Q&A

If you have questions about this change, you're in the right place. Our editors, experts, and community of change optimists have answers!

bcherep

Question:When to go out and buy a home....

I am newly married without any kids or any plans for kids. Just the wife and the dogs for a while. We have talked about buying a home for the last year or so.

What I am wondering is if my intuition is correct to wait on the market to start to make its upswing before making our purchase? I'm told this could be a couple of years no matter what Bill they pass?

I have no problem waiting a couple of years if it is the smart thing to do but am getting sick and tired of burning my money on rent.

Asked by bcherep on 10/2/08 2 Answers»
cooperjames

Answer:

This is a wonderful opinion. The things mentioned are unanimous and
needs to be appreciated by everyone.
Buy Home

Answered by: cooperjames on 4/21/10
aliciak

Answer:

I think it depends on where you live too. Even with the bad economy, there are still deals to be had where you won't get screwed. Also, just be smart about looking into fixed mortgage plans and all that. Regardless, take a good hard look at how much job security you have...could be better to "prepare for the worst" at least in the shortwhile.

Answered by: aliciak on 10/16/08
Got an Answer?