Just ignore the headlines (except this one) - buy now! :)

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Submitted by SD Squatter on May 8, 2008 - 12:35am

Nothing like an "in-depth" analysis by your local real-estate advisor:

http://www.dreamhomesmagazine.com/articl...

Hey, but if it only goes down 10%, you are set!

‹ Slaying of real estate investor tied to alleged bank fraud plot Wipeout your Equity Lines and Reduce Principal Now ›
The idea that home prices
Submitted by cr on May 8, 2008 - 10:16am.

The idea that home prices could go up while mortgage rates go up at the same time doesn't hold much water IMO.

Eventually rates are going to have to go back up to pull the dollar out of the sewage system and when it does I think we see another downturn in stocks and home prices.

Hmm, what about property
Submitted by cowboy on May 8, 2008 - 10:24am.

Hmm, what about property taxes?

I would much rather buy a place at a lower price and higher interest rate. That way property taxes are lower and I have the opportunity to refi to lower rates if they ever come back down.