This is a tricky question, but if its an owner occupied property that I planned on living in for a number of years, and we are dealing in the current market, I probably would wait it out until fall…or at least until I get a better idea of what Bernanke plans on doing with interest rates. LOL
Having said that, in the price range I’d be looking at for an owner occupied, I wouldn’t want to make a bad guess and miss by more than 10%-15%. In this environment, I feel safe to say I won’t.
