Home Theater Forum - View Single Post - Is now the time to buy a home or wait it out?

Eric_L · 04-28-2008, 06:27 AM

the first reason to buy a house is because you need one. Whether you want to buy or rent is up to you. Factors include, payments vs. rent. Your tax situation, duration of use, customization desires, local property tax rates, insurance, etc.

Nobody can speculate what any economy will be like in five years, but I doubt it will be vastly different from today - either way.

Trying to catch the bottom of a market is like trying to catch a falling knife; so if you are buying you had better have a better reason than low prices; like the desire for your ultimate home theater room! XD

04-28-2008, 06:27 AM	#2 of 70
Eric_L Member Join Date: Nov 2002 Local Time: 08:48 PM Local Date: 10-13-2008 Posts: 1,774	Re: Is now the time to buy a home or wait it out? the first reason to buy a house is because you need one. Whether you want to buy or rent is up to you. Factors include, payments vs. rent. Your tax situation, duration of use, customization desires, local property tax rates, insurance, etc. Nobody can speculate what any economy will be like in five years, but I doubt it will be vastly different from today - either way. Trying to catch the bottom of a market is like trying to catch a falling knife; so if you are buying you had better have a better reason than low prices; like the desire for your ultimate home theater room! XD Martin Luther observed that the human race is like a drunkard who falls off his horse on the left and makes up for it by falling off the next time on the right.