Tons of drug or illegal market are pumping into the market, as Bank of NOva Scoita will accept any deal as long as your downpayment is over 35%.
The market is far from the bottom, but at the current point, the overnight rate has dropped to the lowest, which means it's a good time to buy if u have less than 20% downpayment because the prime rate and insurance will mean a lot in the math. But if u have big dodownpayment, wait a little more.
If you need to buy a place anyways, getting married, paying rent today, then find the right place and affordable price and buy law. I'd say it's about the 'right' price now, but not a 'cheap' price.
If you are buying because you think it might be a good investment, I'd think it's not the market and not the time. There are plenty of other stuff that is over-corrected and is, or will be much more attractive and more liquid as an investment vehicle.
Just what i think, dun ask me for basis or why LOL
而家我覺得係應該搵d 跳樓盤.. 即係俾人炒o左無$$供趕住賣樓果d..
同埋我留意到.. open house 果d 係比較 aggressive d.. 特別係 everyweek都 open house 果d..
如果再加埋 asking price都仲低過assessment 果d.. 就真係賣得幾急..
早排先見到有間o野 list o左9日就賣o左..
發表於 2009-3-18 19:11
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