Quote:
Originally Posted by Red
Just because the market will be fine 5 years down the road doesn't mean that the purchase in 2006/7 was a wise one. As you can see it today you'd be better off buying a house this week and you will probably get a better deal in the summer. And the difference isn't just a few thousands, it could be 50 or more K which is no spare change.
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Actually my purchase was exactly what it was meant to be. A place that I could afford at the time, for what i thought was a reasonable price, close to everywhere I need to be, at a time when I needed somewhere to live. This week, this coming summer mean nothing to me. Probably's, could have's, should have's don't play into my decision making.
It would have been wise for you (or someone else, or everybody else) to sell their house in the spring last year and buy this coming summer! ???... Make sense? Yeah - doesn't work that way..