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MichiganMat MichiganMat is offline
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Join Date: Apr 2003
Location: Bay Area, CA
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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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Old 03-05-2009, 10:35 AM
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