[quote/]
Agree completely with your OT statement. Realtors have an economic interest in you purchasing a home NOW. Your realtor might be a perfectly fine human being, as many if not most of them are, but you should NEVER rely on their advice. Again, read what Patrick has to say on patrick.net regarding “who will tell you that now is a good time to buy”. The number one person that will tell you its a good time to buy, is the realtor you hired to help you with the process.[/quote]
However… You need to exclude our resident realtors on this site from that comment. SD Realtor, sdrealtor, and Urban Realtor have shown themselves to be fine examples of thier industry and you should ask thier opinion and listen chartable.
Also when I was a kid it was 2.5 times? When did the multiplier become 3X? Was it the same people that decided the Debeers commericials should go from one months salary to 3? 😛