Someone was taking a poll about what interest rates will do in the next year. I think as poor as the economy is, with the election approaching, rates will have to stay low.

If you are looking to buy within the next year, I still wouldn’t wait if you find the right steal of a deal. When the market finally does start to recover, sellers are not going to hesitate to bump there prices back up, to try to recapture their equity. When this happens, the buyers that waited will say ” Woulda’ Coulda’ Shoulda”.      

Are you in the military and looking to buy in The Pensacola NAS area? If you are reading this, simply mention this blog and when you buy a home listed in the Multiple Listing Service with an exclusive buyer/broker agreement with me, I will buy you one year of free home warranty *.  Check out my past customer testimonials at www.toby-moore.com .  

*Some restrictions may apply, although I can’t think of any!

 

God Bless,

Tobe