Do I buy...wait..buy Wait Pat O'Reilly Irving Realtor Real Estate Agent
By Pat O'Reilly
(RE/MAX..214-289-6176 Irving and all of Dallas Fort Worth)
There have been a mountain of articles written lately debating should you be buying real estate right now. The realtors are all saying yes it is and those others are saying no there is further to fall. What to do, what dio I do??? No one knows what will happen in the future. No one knows if the market has hit bottom. By the time you figure out where to bottom it is to late. It's already on the way up!!! What you need to figure out is ...is this a better time to be buying than it was in 2006. Starting in 2004 there were some pretty obvious signs that real estate was incoming trouble. * Prices jumping 25-30% or more in a year (Not Sustainable Growth) * Rents not keeping up with home prices (Negative Cash Flow for investors) * The home price to income ratio was out of line (Buyer...
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