Real Estate

How to analyze the housing market?

You are planning to buy a house, but unfortunately you don’t live in Wonderland anymore, you know that the reality is not full of rainbows and butterflies and unicorns and you are perfectly aware of the fact that this whole house hunting thing is a pretty tough task and you will need some more information so that you may make the best decision, the one you won’t be sorry about for a life time. But where do you start from indeed? They say that the first and most crucial step is the finance – do you have savings, are you taking a loan or you are mortgaging? These are all questions you should have asked yourself the moment you decided to buy a house and you should have found their answers long ago as well. But the next more than logical wonder is: is now the right time to buy a house? Are the prices too high or too low? Am I going to be sorry for spending that much only a month later? Yeah, too many questions whose answers are unknown.   (more…)