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Do You Believe It Is A Good Time To Buy A Home?

Housing Market

Do You Believe It Is A Good Time To Buy A Home?

In a recent Keeping Current Matters blog post by Steve Harney entitled The First Question You Should Ask Your Listing Agent, Steve discusses whether now is a good time to buy a home.

The Wall Street Journal last week stated:

With home sales starting to improve, and with prices now possibly forming a bottom, real estate could well be the asset class that represents the best low-risk buying opportunity out there today.

Donald Trump was just quoted saying:

I’m pretty sure this is a great time to go out and buy a house.  And if you do, in 10 years  you’re going to look back and say, ‘You know, I’m glad I listened to Donald Trump’.

John Paulson, a multi-billionaire hedge fund operator and the investment genius who made a killing betting against housing a few years ago, is now bullish on residential real estate market.  He recently said:

If you don’t own a home, buy one.  If you own a home, buy another one.  If you own two homes, buy a third.  And, lend your relatives money to buy a home.

A recent Gallup Poll showed that 67% of American’s think that now is a ‘good time’ to buy a home.  The Gallup Organization went on to say:

Overall, there is good reason for most Americans to think now is a good time to buy a house.  Interest rates remain near historic lows.  Home prices are down sharply, providing many incredible buys.

An iconic financial paper, the country’s most famous real estate investor, the most successful prognosticator of the housing market and 2/3 of all Americans say now is the time to buy a home.

If you have come to the same conclusion and want to buy a home or condo, I am ready to help you.  Please contact me at (305) 329-4929 or [email protected]

Written by Michael Solovay | Discussion: No Comments »

Should You Buy A Home Today?

10 Reasons To Buy A HomeTime Magazine

In a recent Wall Street Journal article, 10 Reasons To Buy A Home, Brett Arends reports “Enough with the gloom and doom about home ownership.” He then goes on to explain why owning a home is a good thing.

Brett’s 10 reasons why it’s good to buy a home:

  1. You can get a good deal.

  2. Mortgages are cheap.

  3. You can save on taxes.

  4. It will be yours.

  5. You’ll get a better home.

  6. It offers some inflation protection.

  7. It’s risk capital.

  8. It’s forced savings.

  9. There is a lot to choose from.

  10. Sooner or later, the market will clear.

In the following Wall Street Journal video, Brett Arends discusses why he thinks now is a particularly good time to buy a home:


Let me show you what your money can buy.  Take advantage of the “good deals” and contact me today at (305) 329-4929 or [email protected]

Written by Michael Solovay | Discussion: No Comments »

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