http://knowseyneighbors.com/housing-crisis-over/2008/05/07/ A Real Estate Blog Sat, 14 Jun 2008 04:12:28 -0700 http://wordpress.org/?v=2.8 hourly 1 http://knowseyneighbors.com/housing-crisis-over/2008/05/07/comment-page-1/#comment-488 Jeff Sat, 14 Jun 2008 04:11:40 +0000 http://knowseyneighbors.com/?p=80#comment-488 It's not over. In fact, in soft market areas like So. Cal. we've got a ways to go. Expect even more foreclosures over the next few months. Unfortunately, those who wait for these rock-bottom prices will find themselves paying higher interest rates. So NOW is probably the best time to buy if you can find the right place for the right price. Waiting longer will just cost you more in interest! It’s not over. In fact, in soft market areas like So. Cal. we’ve got a ways to go. Expect even more foreclosures over the next few months. Unfortunately, those who wait for these rock-bottom prices will find themselves paying higher interest rates. So NOW is probably the best time to buy if you can find the right place for the right price. Waiting longer will just cost you more in interest!

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