
I'll be honest, its not my call to tell you when to buy or when to wait, why? Its your choice! Think very carefully before you make a choice. Buy now or wait! I know how overwhelming it can be. You'll know personally, when its a good time to buy or when it's a good time to wait. Personally, for me its timing.
1st question I would ask is, are you working with a lender? That need to come first to see, what do you quality for? For me personally, I would like to know "what do I quality for first before I go house hunting. And at last the "price range" that works best for you. Then the location that works in your best interest for you and your family. And then the fun part, what "styles" of home work best for you and your family. Then at last, house hunting.
Or you can wait for the recession to end. You may be wondering, what would I do? Personally for me, its depending on the timing. And deciding by other factors too, is it a good time to buy? No one can really tell you, if it a good time to buy, only you know that answer, if it a good time to buy.
You may be thinking, she not saying, let me put it in another way. My husband and I are looking to trade our truck in for another truck. Its time for us to do it. Regardless of what happening with the recession. We already know what we quality for, so now we are looking at different kinds of truck. We have a 5th wheel, so we need a good truck to pull our 5th wheel. So we are taking our time to shop around for the right one not just as a truck but to pull our 5th wheel. We enjoy the outdoors and we enjoy camping.
So the bottom line is this, do it for all the right reasons. Not by what I say! But by what you know is best for you and your family. Who is better to know that answer? Regardless of the recession.
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