Even though I’ve been saying it for a while, now really is a great time to buy! Check out this video to see why:
It’s a Great Time To Buy! More Ammo You Can Use
by Neil Schwartz | Oct 6, 2010
5 Comments
Trackbacks/Pingbacks
- Tweets that mention It's a Great Time To Buy! More Ammo You Can Use -- Topsy.com - [...] This post was mentioned on Twitter by Lender's Title, Alex. Alex said: It's a Great Time To Buy! More…
It absolutely is an amazing time to buy! There’s no doubt in my mind, for those buyers who are buying now will be laughing all the way to the bank in the future and they should have a great big smile on their face right now because they are getting an opportunity of a lifetime.
[Reply]
Neil Schwartz Reply:
October 11th, 2010 at 3:11 PM
Exactly 🙂
[Reply]
I don’t know if this could be any more annoying and wrong. No…houses are not more than they were 2 years ago. No…houses will not appreciate in the near term No…it wasn’t a good time to buy 2 years ago when you were saying it was, and guess what, it’s still not a good time to buy right now.
You NEED to be on the record of saying “now is NOT a good time to buy” because I have never ever heard that from a realtor.
Now is a good time to refinance…not buy. I would rather buy with higher interest rates – more room to refinance down, more room for prices to go up when rates rise (and they will). People are buying based on monthly payments…when rates rise monthly P&I will go way down and prices will follow. This is not hard to see for a person who made it through high school math and economics.
It’s not about perception, stop talking about that. It’s about reality. That’s insane that you think perception = reality when it comes to numbers/stats/finance.
ugh.
when realtors finally move away from being the used car salesmen you’ve become it will be a good time to buy.
[Reply]
Sebastian Liceaga Reply:
October 23rd, 2010 at 8:14 AM
How much are you renting for right now? Or do you live with your parents? Of course buying at the height of the market was not a good time to buy, but those who can buy now and don’t will be kicking themselves 5,6 or 7 years from now.
Property ownership is the cornerstone or true wealth, so, it may be worth your while to acquire as much of it as you can to secure the well being of your family. Just a thought.
[Reply]
Common Sense Reply:
October 27th, 2010 at 11:02 AM
Property ownership is the cornerstone or true wealth? No…property ownership should not be viewed as the cornerstone investment vehicle. Historically it has gone up roughly with the rate of inflation. It is impossible to sustain returns that will make it your best primary investment. It’s forced savings for some people, true, but that doesn’t mean it’s the best.
I rent a house, and because I decided not to buy in 2007 when we considered it, I have saved enough for a 20% down payment and then some. I am so glad I listened to my own common sense and basic statistics instead of shills like you guys. I’ll buy when I believe fundamentals support it – and I can buy the same house for monthly payments closer to what I’m renting it for right now. It’s not even close yet.
[Reply]