Lilburn

Is now the time to buy? On BlogTalkRadio

December 6th, 2008 Categories: Lilburn

Friday on BlogTalkRadio, the question was, “Is now the time to buy?”

I was on the show for the last 20 minutes or so talking about it with Ken Cook, the host. The full broadcast is about an hour long, but I can hit the high points…

It is a tough question to answer because there are SO many variables.
Region.
Personal ability.
Purpose (living in it or investment).
The individual property.
Risk aversion.

The biggest point I made had to do with the NAR (National Association of REALTORS®), and their repeated cries of “Now is the best time to buy”. They have said it as the market went up, topped, went down, bottomed and started it all again. With interest rates high, low, whatever… Like the little boy who cried WOLF!, they have become irrelevant. It doesn’t matter if it really is the time to buy, the NAR’s voice doesn’t carry credibility.

Here is a direct link to the broadcast.

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