Zillow Advice: Investing - When is the time to buy? http://www.zillow.com/advice-thread/When-is-the-time-to-buy/198788/ Zillow Advice | Zillow Real Estate i am sorry about that. I ... http://www.zillow.com/advice-thread/When-is-the-time-to-buy/198788/ i am sorry about that. I type badly and PITI spelled out is so long. :) It stands for&nbsp;Principal, Interest, Taxes&amp;Insurance. If you are thinking about buying, there are some great resources available. Things like what you can afford, what mortgage rates are, how to research neighborhoods to find a good fit and other info too is out there in easy to use formats. I collect them and try to find the best, free sources with no sales pitch. Maybe some of the links would help you too. I use the mortgage calculators at&nbsp;<a rel="nofollow" href="http://www.dinkytown.com/mortgage.html">dinkytown</a>. The mortgage rates in your local area are easy to find at&nbsp;<a rel="nofollow" href="http://articles.moneycentral.msn.com/Banking/Loan/Mortgage.aspx">moneycentral.msn</a>. Zillow is great for researching neighborhoods or I also use&nbsp;<a rel="nofollow" href="http://www.city-data.com">city data</a>&nbsp;where you can search by zip code. I really like the NY times rent vs own calculator&nbsp;<a rel="nofollow" href="http://www.nytimes.com/2007/04/10/business/2007_BUYRENT_GRAPHIC.html?_r=4&amp;th&amp;emc=th&amp;oref=slogin&amp;oref=slogin&amp;oref=slogin">here</a>&nbsp;too. Being a first time buyer can be tough, but there is lots of good info available on Zillow and most folks here are happy to answer questions or tell you about their experiences buying.&nbsp; Thu, 12 Feb 2009 23:55:00 GMT http://www.zillow.com/advice-thread/When-is-the-time-to-buy/198788/ 2009-02-12T23:55:00Z I am sorry. I have only been ... http://www.zillow.com/advice-thread/When-is-the-time-to-buy/198788/ I am sorry. I have only been a renter up&nbsp;til now and have just recently started looking at buying. What is PITI? Thu, 12 Feb 2009 23:25:00 GMT http://www.zillow.com/advice-thread/When-is-the-time-to-buy/198788/ 2009-02-12T23:25:00Z When prices are low, PITI ... http://www.zillow.com/advice-thread/When-is-the-time-to-buy/198788/ When prices are low, <a href="http://www.zillow.com/mortgage-glossary/Principal-Interest-Taxes-and-Insurance-%28PITI%29/">PITI</a> is below rent, employment is stable and when buying makes sense for you based on the financials.&nbsp; Thu, 12 Feb 2009 23:08:00 GMT http://www.zillow.com/advice-thread/When-is-the-time-to-buy/198788/ 2009-02-12T23:08:00Z