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Is it a good time to buy, or should I wait until prices fall further?

I want a house which has dropped in value significantly. But I doubt the owner would want to accept less than current market value. Is there any point in waiting and missing the opportunity to buy whilst they are interested in selling? I just wonder if I can save even more money that’s all. Will prices drop further?

Asked on Dec 5 2011, House Prices in Preston | Report content

Answers (1)

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  • You will never get the the exact bottom of the market, however you will get a better deal while it is still going down than you will after it hits the bottom and starts its way up in the spring. No real activity happens from the 2nd week of Dec and therefore good time to buy is now. Do your homework though !

    Answered on Dec 6 2011, Report content

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