Many reports such as this one
http://au.finance.yahoo.com/news/Home-values-continue-flat-run-abc-1881319602.html?x=0
...showing that home prices are flat, the supply of houses out there gives prospective buyers room to choose and negotiate.
Buy in a low market, now is the time to buy. Rates look steady ( wont increase for a couple of months, wont decrease either).
I also dont think the market will drop any further (all this talk about a bubble bursting and a crash ensuing is pure speculation). The long term outlook for real estate prices are very favourable. Only short term corrections will happen as we are seeing now.
Stick to the tried and true tenets of real estate: location, size, features,etc and you will be fine in the long term.
I know i will look at buying. Some attractive prices to be had out there. Quite a bit of choice as well.
http://au.finance.yahoo.com/news/Home-values-continue-flat-run-abc-1881319602.html?x=0
...showing that home prices are flat, the supply of houses out there gives prospective buyers room to choose and negotiate.
Buy in a low market, now is the time to buy. Rates look steady ( wont increase for a couple of months, wont decrease either).
I also dont think the market will drop any further (all this talk about a bubble bursting and a crash ensuing is pure speculation). The long term outlook for real estate prices are very favourable. Only short term corrections will happen as we are seeing now.
Stick to the tried and true tenets of real estate: location, size, features,etc and you will be fine in the long term.
I know i will look at buying. Some attractive prices to be had out there. Quite a bit of choice as well.