Careful thought and deliberation is required when one makes a decision along the scale of a home purchase.
If job uncertainty is there, then it doesn't make sense to make a 30-year commitment and renting may be the best route. If credit is bad then the time should be spent on improving your credit score.
But.....if one finds they are in a position to buy in this market, in the words of Nike, "Just Do It."
Economists and statisticians will tell you after the fact when the bottom has been reached. By then the prices will have increased.
Every month one pays rent instead of mortgage payments is money thrown away. Interest rates are down, prices are down and rental costs have increased.
Focus on the opportunity today - not the maybe one day....
Gary. L. Waters PLLC
Broker Associate - Realtor® Century 21 Baytree Realty
Rockledge, FL 32955
Direct - 321-693-3850
email - Agent@moving2brevard.com