My New Blog

In my opinion it depends on who the buyer is. If you are a buyer who plans on actually living in the home for the next 5-10 years then it is a great time to buy. Most of the homes are going for less then the rebuild cost and if the market has not bottomed out as of yet, at least you are in a position to where you can see your home appreciate in value again and it is a home that you really wanted. This also applies to a buy and hold investor who can purchase a property, lease it out and get a great return on their investment yearly. Now if you are an investor who is looking to buy and flip then you are defintely looking to buy as cheap as possible and resale as quickly as possible.

For anyone that is looking for a new start in a new place here is a great article from CNNMONEY • America's 10 Best Places to Live