Chitownproperty

Is Now a Good Time to Buy a Home? - WSJ.com

Doesn’t it seem like someone is always saying it’s a good time to buy a home? Obviously, this is a tough time to be doing any kind of significant spending, let alone making purchase as large as a home. But the Wall Street Journal says that now may be a good time to buy if you:

• have access to credit
• have fat cash reserves
• aren’t already over-exposed to real estate
• have a secure job or income stream
• expect to hold the property for at least two years

If you’ve been listening closely, that’s the same advice you’ve already heard about buying at any time, not just in the current tough market.