[quote=deadzone]Regarding your post. If you can find a place to buy that you are happy with, and payments are cheaper than rent, then go for it. Nobody even in the bear camp will argue that.
But, just keep in mind that the probability is that the value will go down. So, as long as you stay for a long time in this house, shouldn’t be a factor. But, if this isn’t your “dream” house and you have ambitions to “move up” in a few years, forget it, this most likely won’t be a possibility.
Most of the “screaming deals” today are not in the premium coastal areas that some of us live. In my neighborhood it is still WAY cheaper to rent.[/quote]
