Good time to buy real estate in 2008.

[uscitizen]

Umm less than a quarter ago ? that would be now which pretty much sucks.

 

[evince]

yes, the first big batch of resets occurs this month and next. The second big bunch occurs in May.

It will take some time beyond that for the the effects to be absorbed into the market.

 

[Cancel 2016.2]

It will take some time beyond that for the the effects to be absorbed into the market.

yes, which is why I believe we will enter a recession this year... and why I plan to wait until very late 08 or early 09 to buy more real estate.

 

[evince]

which is what I said earlier

 

[Cancel 2016.2]

which is what I said earlier

I know. We actually agree on this one.