I second Flu’s last post. “A good time to buy” is relative to your personal situation. If you are financially secure, desire a home right now, and it won’t bother you if real estate continues to decline over the next several years, then do what you want. Realtors are salespeople. That means they are going to try and sell you a house. Hello!
It’s up to you as a potential buyer to do your homework in order to make a prudent decision in regard to purchasing real estate or anything else.
Newsflash: If you make a stupid purchase based on what ANYBODY tells you without doing your homework and using your brain, it’s YOUR fault. That’s not to say Realtors that lie and engage in unethical business practices should be excused for their behavior, they shouldn’t.
In any event, let’s be a little sensitive to SD Realtor, a regular poster on here who has presented himself as an ethical realtor.
I’ll summarize this post with three points:
1. All realtors aren’t snakes, and all snakes aren’t realtors.
2. Unless you’re stupid, when you do encounter a snake realtor, RUN! Do NOT pass go. Do NOT collect $200 dollars.
3. Take personal responsibility for yourself. And that includes standing up to your nagging wife. You may be going on a “sexual fast”, but your bank account will thank you later.