If it's a buyer's market, then what are you waiting for?

Seriously ...

For any buyer, savvy ones, first time buyers, "trade up" buyers (ESPECIALLY trade up buyers!) and "trade down" buyers, investors, etc, etc, etc, THIS IS A GREAT TIME TO BUY!

The interest rates alone at least warrant a good look at the market!

I suppose the bug concern with many buyers currently sitting on the fence is "how much lower will prices go?"

Have you been analyzing the prices?  Have you ACTUALLY been compiling data?  Or are you simply going by what's being said in the media?

No doubt about it, prices HAVE come down, but there is a point to which the downward trend begins slowing down, total stagnation occurs (a price "freeze", for lack of a better term, and then, as confidence starts coming back, the cycle reverses itself.

The process of reversing may be slow, at a medium pace, or fast and hard. No matter what, THAT's when you start kicking yourself in the butt and scream in despair, "I should've"...

I'm not making this up. I've seen people scream these three words right to my face!  Some even blamed me for not pushing them!

Pardon me for not being pushy!  Another stereotype squashed!. 

"I should've,"  That hurts. It's not as bad as "I couldn't", or "I wasn't able"  "I should've", means you didn't take that chance and you regret it. 

Sure, it's risky, but then again, is it as risky as the stock market?  Gold? Other investments?  What if you simply need a place to live? Is it better to pay rent? Have you checked this out?  Could you in fact, be paying more in rent presently than a mortgage payment?  Do you think things won't turn around?  Ever?

In some areas, prices overall have remained stable and even appreciated, in spite of the "gloom and doom" you may be listening to in the news. 

If anyone wants an absorption rate study of a certain town as a way to judge the "health" of the market, I tell you what; I want to earn your trust.  Make an anonymous comment on this post and I will post the study for you and you can download it. Of course the absorption rate study will be "public"; anyone will be able to download it, but what do you care?  No one will know who you are.  If you'd rather be private all the way, then contact me here and I promise I will send you only the absorption rates by email and that's it! 

I have a client who, through BuyWorcesterNow, was able to get 4.5% interest and he is buying a great property at a great price. Will YOU be able to likewise? I don't know.  But It's worth a shot, I would say. 

And I haven't even begun going through the tax advantages and the tax credit available. 

Fear can be a great friend, or a bad enemy. Just ask THIS guy...