Waiting for a Buyer’s Market
A few weeks ago, I was exchanging emails back and forth with a potential home buyer. In her initial email she made this statement, "I personally believe now is a bad time to buy. I’m looking at houses going for $400,000 that sold for $300,000 just five years ago. This just seems crazy! I’m leaning more toward saving more money for my downpayment and waiting for a buyers market. But in the meantime, I’m throwing away money on a rental. I'm not sure what to do."
