Is now a good time to buy?

If the economy does not continue to revolve then the USA as we know it will probably change.

Or we may end up like our friends from 1931, see picture!

Give what's happening in the financial markets, it's hard to know whether to jump in and take advantage of today's lower prices, or wait to see how things play out on Wall Street.

A: For some people, yes. If you...

• have access to credit, with a great score!
• have fat cash reserves, just won the lottery!
• aren't already over-exposed to real estate, don't already own a whole city block or two!
• have a secure job or income stream, or are a senator or ex-CEO with a huge settlement!
• expect to hold the property for at least two years, more like two decades.

...then now is an excellent time to buy.

Everyone else should take a breather.

Read the article from the Wall Street Journal