The more I look at what is happening to our currency the more I am convinced that taking advantage of low rates is a good idea. The fed/treasury and the powers that be that pull their strings were successful in convincing our society that they had no choice but to save the world when they bailed out Wall St. Now we are told that the recovery is underway and that this was really the only path we could have taken. The destruction of our currency is a slow process that will continue over the next few years. One day we will look back on the good old days and we will lament the rates we have right now.

With that said I think those that take advantage of this opportunity will look back and be happy they took advantage of the low rates today. So if you can find a condo you like then go for it. Agreed as well that if you can work a deal with the current owner without involving any agents you both can share in saving money. However since it is already listed that will be tough. I would also advise you to wait the seller out. Lets see how they feel in May after 4 a few months on the market.