[quote=ibjames]
I agree, taking all things into consideration that could happen, I still think that MM has some declines coming it’s way..
[/quote]
I agree. There are many factor that would make prices in MM fall even further. But if you buy it as a primary resident like I intend to do, I think a lot of the risks are greatly reduced in term of monthly payment with a fixed loan. I don’t advocate right now, but it doesn’t hurt to start looking. If you’re looking for a primary resident, there might not be a single house you’d want to buy at the bottom. Once it becomes cheaper to buy than rent, I think it then comes down to if you can find the house you’d want to live in.
