The best time to buy
Friday, December 12, 2008 at 02:55PM 
December is always a good time to buy a home because the market is slower and you're more likely to get a good deal. Add to that the economy is in a mess and it makes December an even better month to buy. Interest rates are incredibly low right now and sellers are willing to seriously negotiate.
If you are looking to buy a home in Savannah and you've already made the decision then now is a great time. Financing is tight but you can still get a good loan if you have good credit. By all indications, this coming spring should be turn around in housing in Savannah. We've got a lot of military personell coming home and the housing market will likely be moving upward in the next six months.
In this economy no one knows what's going to happen, but real estate is not going to die -- people still need place to stay. If you are going to being living in your home for five years or more, you should do well from an investment standpoint, but remember, buying a home is more than an investment, it's your place to live and make your own. Savannah, Ga is a great place to plant roots.
Reader Comments (1)
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Thanks