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Is this a good time to buy a house?
I had my hopes up about capitalizing on this mortgage meltdown but Im starting to have my doubts about my own ability to survive it.
I've got a healthy 10% in cash and stock to put down on a place, and Im fairly confident in my job security, but the news, my god have you seen the news lately?
They're saying GM could close its doors. GM! Citibank is under a $1 right now, the market is well under 7K...
If you had money to put down right now, and you had recession proof employment, would you buy a house right now or would you wait 6 or 9 months?
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'75 911S 3.0L
'75 914 3.2 Honda J
'67 912R-STi
'05 Cayenne Turbo
'99 LR Disco 2, gone but not forgotten
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