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I’m of the opinion that next (or two) year will be a better to buy. This banking mess is just getting started.

Tom Vanderwell @ Infectious Greed posts on 7 important things to consider when buying a home now.

For condensed reading.

1. 6 months ago is ancient history.
2. Don’t worry so much about what you paid for your house.
   
3. Now is not the time for do-it-yourselfers.
   
4. Any interest rate that starts with a 6 is a good number.
   
5. There is a Tangible Difference in working with a true mortgage professional.
   
6. Don’t buy a house today if you aren’t going to stay there at least 7 years.
   
7. It’s a really is a good time to buy a house.

via Infectious Greed

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