Is It “A Time To Buy?”

J.P.Morgan seems to think so (national focus): http://www.jpmorgan.com/cm/BlobServer/marketinsights_housing.pdf?blobcol=urldata&blobtable;=MungoBlobs&blobkey;=id&blobwhere;=1158658412427&blobheader;=application%2Fpdf
And the Seattle Times seems to think so (local focus): http://seattletimes.nwsource.com/html/businesstechnology/2016739766_affordability11.html
SeattleBubble is a bit more even (local focus), essentially stating that the Seattle Times is correct if one is a “monthly-payment buyer” and has no short or medium term plans to move: http://seattlebubble.com/blog/2011/11/11/affordability-hits-record-high-on-low-rates-price-drops/

What do you think? If you are interested (those few of you who know this blog exists!) please comment. I agree that the best time to buy is unique to each individual or family. But, since research doesn’t work that way, this research is worth considering. Your thoughts?

Posted on November 11, 2011 at 4:22 pm
Michael Doyle | Category: Uncategorized

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