There are many factors in determining if you should sell now, or wait. Obviously, home values have declined since 2005/6. Condos and townhomes have especially been hit hard. So be prepared, if you are going to sell now, or soon- you would be selling for less than you bought it for.
Yes, that’s right, maybe you shouldn’t take advantage of the low prices and interest rates currently bringing the price of real estate to an all-time low. Why someone would tell you not to buy if you have the income and credit rating might be strange, but it’s true. Sometimes it’s better not to buy in a down market.
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