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Jeri

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We finally bought a house (a short sale) in May 2010. We had been trying to buy in this neighborhood since 2006, and thanks to the excellent advice we got here from folks who advised waiting out the inevitable RE market crash, we paid $300K LESS than what the house would have sold for at the peak of the market in 2006. We also got a great interest rate on our loan, and both state and federal tax credits for first-time home buyers. Hooray for waiting! Thanks to all the "doomers" -- y'all were RIGHT. :)
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About Jeri: We finally bought a house (a short sale) in May 2010. We had been trying to buy in this neighborhood since 2006, and thanks to the excellent advice we got here from folks who advised waiting out the inevitable RE market crash, we paid $300K LESS than what the house would have sold for at the peak of the market in 2006. We also got a great interest rate on our loan, and both state and federal tax credits for first-time home buyers. Hooray for waiting! Thanks to all the "doomers" -- y'all were RIGHT. :)

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