JustAmber · 41-45, F
Whenever you are financially ready. I know people who have been waiting for "the right time" since the 70's.
TheOneyouwerewarnedabout · 46-50, MVIP
1750?
Sapio · 51-55, M
When you have at least 25% of the cost of the home as a down payment.
Fa8393 · 41-45, M
From my own experince it has been a leap of faith . Buying or selling a house is never a easy thing to do . If you feel you have to save or feel its not the right thing then it will never happen . Do your research first wither its a sellers market or a buying one . Remember when you do finally buy a house live within your means not what you want . Plus a reminder its a investment.
fanuc2013 · 51-55, F
When you have the money!
biandlargeny · 56-60, M
Twi factors market and inflation. Interest rates are high now for the 30yr fixed rate mtg.
If you find a house you like and can afford the payments you could purchase and refinance after the rates drop
If you find a house you like and can afford the payments you could purchase and refinance after the rates drop
hippyjoe1955 · 70-79, M
Depends on how much money you have on hand. We bought our first house after a major depression had left vacant houses all over the province. We were able to pay cash for it.
2ndtimeguy · 61-69, M
If you have cash or need to borrow very little prices are lower and can be negotiable once interest rates come down prices are predicted to increase about 20%
TrunkZ · 56-60, M
Depends on what you mean by the best time... for instance, if the perfect house for you comes along at a time when you can afford to buy it.
Anniedlr · 26-30, F
When you can put down a decent deposit and afford the mortgage payments🙂
smileylovesgaming · 31-35, F
If u can't afford groceries it may not be the best time to buy a house
xTutu7x · F
@smileylovesgaming I can definitely afford groceries
Thevy29 · 41-45, M
Thanks to this economy I cannot afford a house even when the market crashes...
Alex51 · 61-69, M
Whenever you are financially sound to pay the price of house
Iwillwait · M
Market may not crash in your readiness window. I would buy now.
Spoiledbrat · F
The market doesn't crash very often.
Not now
Panamared · 70-79, M
9 AM
GLITTER · 36-40, F
If you’re a first time buyer it’s good to buy when the market crashes. If you have property first to sell not so good
whowasthatmaskedman · 70-79, M
The best time to buy a house is when you have the money locked in to repay the loan. Because the mortgage is going to be around your neck for decades..😷
Strictmichael75 · 61-69, M
When you can afford it and especially when you find a house you really like
SteelHands · 61-69, M
Owning is preferable since renting always costs more.
oldguy73 · 70-79, M
the best time to purchase a house is when you have the money and can afford it, like, duhh
CrazyMusicLover · 31-35
When you have money and you're ready to settle down.
Monaschandroff86 · 18-21, F
In your 20’s if you can
LLcoolK · 51-55, M
About 3:30pm.
Rolexeo · 26-30, M
Never
Donotfolowme · 51-55, F
Omg! I love your profile picture. Hahahah dear Donald
DDonde · 31-35, M
You can't predict this stuff
View 1 more replies »
DDonde · 31-35, M
@deadgerbil I will eventually
deadgerbil · 26-30, M
@DDonde David Ramsey said you should've bought one age 20
DDonde · 31-35, M
@deadgerbil I was still in college so
swirlie · F
Housing markets typically don't crash like the stock market crashes with predictable frequency. Housing markets level off, but Real Estate typically doesn't devalue during times of recession, even if people are losing their jobs. Everyone needs a place to live, so selling off the house to pay-off your debts is the best way to shoot yourself in the foot in your attempt to become financially solvent.
The worst time to buy a house is when everyone else is doing the same thing, which means the inventory is low and the prices are often artificially inflated to take advantage of a 'hot' sales market.
If you own a house already but choose to wait until the housing market slows to a crawl, your own house will also sell at a lower price when you attempt to buy another house at a low price. Everything is equal. If you sell high, you buy high. If you sell low, you buy low.
At the end of the day, the best time to buy a house is when the 'right' house presents itself to you for all the right reasons and then jump all over it while it's still available or live to regret buying it.
The worst time to buy a house is when everyone else is doing the same thing, which means the inventory is low and the prices are often artificially inflated to take advantage of a 'hot' sales market.
If you own a house already but choose to wait until the housing market slows to a crawl, your own house will also sell at a lower price when you attempt to buy another house at a low price. Everything is equal. If you sell high, you buy high. If you sell low, you buy low.
At the end of the day, the best time to buy a house is when the 'right' house presents itself to you for all the right reasons and then jump all over it while it's still available or live to regret buying it.
candycane · 36-40, F
No