Why?  Rates are at an all time low and they are expected to continue in to the first part of 2009 . I am already seeing a decline in bank owned homes. We have less inventory then we did a year ago and it is expected to stabilize after the first half of 2009. No one can predict when bottom will hit and those figures usually come after we hit bottom since statistics are generally 2-3 months behind on reporting any data. If you are wanting to buy a home and you find something you like with a great rate and price, don’t let it pass you by. Someone might see it to and grab it before you have that chance.

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