{"id":27,"date":"2008-04-17T15:59:40","date_gmt":"2008-04-17T19:59:40","guid":{"rendered":"http:\/\/neighborhoodspecialists.com\/blog\/2008\/04\/17\/is-this-a-good-time-to-buy\/"},"modified":"2008-04-18T16:10:06","modified_gmt":"2008-04-18T20:10:06","slug":"is-this-a-good-time-to-buy","status":"publish","type":"post","link":"https:\/\/www.neighborhoodspecialists.com\/blog\/is-this-a-good-time-to-buy\/","title":{"rendered":"Is This a Good Time to Buy?"},"content":{"rendered":"<p>If you&#8217;ve been paying attention, you already know my answer: it depends.<\/p>\n<p>Prices are certainly lower than they were two years ago. In some cases, a lot lower. But that\u00a0old adage still applies: Just because something has fallen in price doesn&#8217;t mean it&#8217;s cheap. In fact, I believe we have a long way to go\u00a0before hitting bottom. It may take years for prices to recover. Whether <em>you <\/em>should buy depends on the\u00a0answers to quite a few questions, including:\u00a0<\/p>\n<ul>\n<li>Are you upgrading from a less expensive home? If so, the longer you wait as prices fall, the more you&#8217;ll save on the house you buy than you&#8217;ll lose on the house you sell.<\/li>\n<li>Are you downsizing? Then the reverse is true. You&#8217;ll lose more on the house you sell than you&#8217;ll save on the house you buy. Take action as quickly as possible.<\/li>\n<li>Will you kick yourself if you miss the next real estate boom?<\/li>\n<li>Can you imagine yourself renting for a few years? (Hint: it&#8217;s what I decided to do when the market peaked.)<\/li>\n<li>Are you honestly willing to pay a fair market price for your home, or do you demand a bargain?<\/li>\n<li>Do you have a choice? Or is your employer\/spouse\/school the real decider-in-chief?<\/li>\n<\/ul>\n<p>The truth is, buying a home isn&#8217;t the right choice for everyone. A good Realtor\u00ae will tell you when it isn&#8217;t. That&#8217;s a sure sign he cares more about helping you in the long term than about making sales in the near term, don&#8217;t you think?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you&#8217;ve been paying attention, you already know my answer: it depends. Prices are certainly lower than they were two years ago. In some cases, a lot lower. But that\u00a0old adage still applies: Just because something has fallen in price doesn&#8217;t mean it&#8217;s cheap. In fact, I believe we have a long way to go\u00a0before [&hellip;]<\/p>\n","protected":false},"author":91,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[14],"tags":[20,30,22],"class_list":["post-27","post","type-post","status-publish","format-standard","hentry","category-market-trends","tag-home-prices","tag-market-timing","tag-personal"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.neighborhoodspecialists.com\/blog\/wp-json\/wp\/v2\/posts\/27","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.neighborhoodspecialists.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.neighborhoodspecialists.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.neighborhoodspecialists.com\/blog\/wp-json\/wp\/v2\/users\/91"}],"replies":[{"embeddable":true,"href":"https:\/\/www.neighborhoodspecialists.com\/blog\/wp-json\/wp\/v2\/comments?post=27"}],"version-history":[{"count":0,"href":"https:\/\/www.neighborhoodspecialists.com\/blog\/wp-json\/wp\/v2\/posts\/27\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.neighborhoodspecialists.com\/blog\/wp-json\/wp\/v2\/media?parent=27"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.neighborhoodspecialists.com\/blog\/wp-json\/wp\/v2\/categories?post=27"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.neighborhoodspecialists.com\/blog\/wp-json\/wp\/v2\/tags?post=27"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}