When it comes to the housing market, Husband and I have been biding our time. When we first moved back here a little over a year ago, we had planned on purchasing a house right away. That didn’t happen as things just didn’t seem right; it wasn’t the time. I’ve been keeping a close eye on the real estate in our area in the mean time, and now I’m really freaking glad we waited.
Interest rates are at an all time low in addition to lowering property values. Hell, in the past month alone I’ve seen a HUGE drop in prices for homes in the area we’re looking at moving to. *rubs hands together with glee*
Currently, we’re planning on looking a bit more seriously for a new place to live in September.
Humph. Now, watch while I get spammed by a bunch of Gretna Realtors.
May 10th, 2008 at 2:04 pm
If I had a better idea of what’s going on with this company, I’d be doing the same.
Only thing with lower interest rates, they’re (loans) a little harder to get. You’ll probably need a good sized down payment.
Good luck!!!
May 10th, 2008 at 5:27 pm
This is true (about the difficulty to get loans), but more often then not, you do not need a down payment and you can get a pretty darn good rate when your loan is backed by the VA.
And I gots me certificate from the VA for the backing of said home loan right here!
May 10th, 2008 at 9:56 pm
SHWEET!!!
May 12th, 2008 at 10:15 am
Good luck. It is a GREAT time to buy, no matter where you live. Let me know if you have any ??
May 12th, 2008 at 11:10 am
Questions? hah. I have no clue what I’m doing. I don’t even know what to ask. I’m thinking of picking up a “For Dummies” book for first time home buyers.
The only things I know are from what I’ve observed from my parents’ many moves over the years.
May 12th, 2008 at 2:09 pm
There it is!