This answer is from I will be considered a first time home buyer at the end of Sept 2009. Should I buy now at 5.0% interest or what until Oct 2009?
Rahwa Asmerom said
Who can predict how the market will turn in the next day, week, or year. That said, it's all about making a good and calculated risk. But the fact there is a la very generous tax credit available for first-time home buyers this year should help you make your decision:
http://www.filife.com/stories/the-8000-firsttime-homebuyer-tax-credit-is-available-now
