Ok, I know I need to wait. The longer I wait the better deal I get. I don’t intend to buy an overpriced piece of property and end up underwater.
I don’t mind going FHA, I can get downpayment assistance. They want 3 months reserve and that’s fine.
The builders in Temecula Murrieta are pretty desperate right now, and are offering incredible incentives. They are trying to get the most money they can for the houses while the market will still bear it.
And people are buying. Not as much as they’d like, but they’re still buying. So, here’s what I don’t understand, why would anyone buy today when they can wait for a year and get a lower priced house??