As a followup to my earlier post about the current "buyer's market," take a gander at this article from Time magazine that examines the national real estate situation: http://www.time.com/time/magazine/article/0,9171,1713483,00.html
In short, Time's money guru, Dan Kadlec (who, incidentally started the short-lived St. Louis Sun newspaper back in the 90s) is suggesting that if you're waiting for the market to hit rock bottom, you may find your possible savings offset by higher interest rates if you wait any longer.
In short, Time's money guru, Dan Kadlec (who, incidentally started the short-lived St. Louis Sun newspaper back in the 90s) is suggesting that if you're waiting for the market to hit rock bottom, you may find your possible savings offset by higher interest rates if you wait any longer.
