The Case Against Waiting To Buy
March 11th, 2008 Categories: Buying
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I found this awesome little slide show.
It compares interest rates going up versus properties going down in value.
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That was a very interesting chart. After looking at that information it does cause you to pause and think about whether it is really worth it to wait.
I agree Bill. I think people keep forgetting Real Estate is a place to live and the investment side is important too. I think many folks think you must make a killing on house when you buy it or you lost money. If you plan to live there more than five years and you have a good low rate you will be better off.
This is pretty cool.
Nevertheless, to be fair, the benifit in buying at a lower price does let you sell for more at some point, hopefully.