Home buyers are constantly asking themselves this question. No matter what economic environment we are in, no matter what the house is like you are in, no matter what, the biggest obstacle for people to make one of the biggest purchases in their lives is that they might be missing out on something else. Today the problem for home buyers, especially first time home buyers is, "what if there is an even bigger home buyer stimulus next year"? As I have bought and sold homes for myself I have come to realize the basic principle that applies to so many aspects of life, the time is NOW!!!
There is no better illustration than that of Warren Buffet. In 2008, finance giants Lehman Brothers, Bear Sterns, Bank of America and many others fell harder than Shaquille O'Neal in the 2000's. People employed, associated and invested in these companies lost all and/or a majority of their income. So Buffet took that as a time to act and invested $10 billion dollars in one of the worst, Lehman Brothers. From that point on people began to doubt and question how truly "savvy" one of the world's richest men was/is. One year later he has received a $3 billion dollar return on his investment!!! Why? Because he ACTED!!!!
Don't be left on the sideline of homebuyers who keep wondering, "is the time right, is it,is it, is it...AHHHH!!!!" Don't overthink what you know to be a good idea. If you are in decent position to buy a home or even sell your current home, don't hesitate! NOW!!!
