Tuesday, March 04, 2008

Should I Buy or Should I Rent...

Should I stay or should I go now...

Or as a recent piece asked, Should you buy or should you hold off? This piece had a great 10+ point checklist regarding whether or not to take the dive back into the "water" of the residential real estate market. My "feel," wait a year. The Chicagoland housing market is still soft and more importantly the economy's in recession.

But to give the counter-argument briefly, we had a closing last week where the interest rate was like 4.8%.

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