I would wait. The tax credit is artificially inflating home prices and banks are really not moving on prices to get sales. Real Estate in florida is still way to high . Besides rising unemployment and another wave of foreclosures is really going to drive **** down.

 

Really?? I disagree. My buddy just bought a 3,000 sq ft home with screened pool for $150K that had been listed at $350K 2 years ago.

 

This is definitely a buyer's market. My parents' 4000 sq ft house on a lake is currently listed at 50% of what it was appraised for 4-5 years ago, and no one is buying. It's been empty and on the market for 2 years. Talk about a waste of money every month on an empty house.

 

where is there house? do they want to rent to own? lol

 

You can't afford it lol

 

Where is it?

 

congrats bryce...im in same boat.
ive been pre-approved for a home up to 80000 but im waiting to get something that fits all my criteria, like of course if it doesnt have a garage im not interested!!!
its exciting but its stressful cuz when you find a place you like you and is within your budget you have to hurry to get an offer in b4 some one else buys it. properties will come and go quickly.
Hey Nj if you have any other useful advice for us 1st timers I would really appreciate it.

 

I am having tons of head-aches like I have to be out of my apartment december 31st due to my lease being up... So now I need to figure out what I am going to do. If I sign a 6 month lease or move up to jax until i find something.

 

Yea, things seem to still be turbulent, but EVERYONE I talk to who's in the business or doing something related to it says this is the best time. Good luck either way!

 

Off University, the only light (Bibb/Hall) between Econ and Goldenrod. You can see the lake when you're at University & Econ.

 

Wouldn't put it in those terms but yea Realtors should never give advice on that. Mortgage brokers know what you can afford, Realtors should just be showing you what the MB said you can afford according to the collected info.