Is Now a Good Time to Invest in a Home?

Filed under: Forecasts, Housing

A frequent question voiced in dinner party circles in this neck of the woods (the metropolitan New York City area) is, 'Is now a good time to consider buying or investing in a home?'



Well, the latest S&P Case Shiller home price index suggests that home prices are likely to remaining sluggish -- selected, niche market gains, with flattish prices in most other markets -- through at least mid-2011. Hence, from a home price standpoint, the bias in tipped toward waiting a quarter or two, if you do not have to purchase a home.



However, as most investors know, there's another, major factor in the home purchase cost equation -- mortgage rates -- and that metric is projecting a different set of circumstances.

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Is Now a Good Time to Invest in a Home? originally appeared on BloggingStocks on Wed, 08 Dec 2010 17:00:00 EST. Please see our terms for use of feeds.

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