The buy/sell decision is always a tricky one, but depending on your situation, now could be a great time to make the move. Here’s what the WSJ has to say about it.
Q: Given what’s happening in the financial markets, is now a good time to buy a home?
A: For some people, yes. If you:
- have access to credit
- have fat cash reserves
- aren’t already over-exposed to real estate
- have a secure job or income stream
- expect to hold the property for at least two years
then now is an excellent time to buy.
Of course, this doesn’t apply to everyone. You just have to know your own situation.
