Low interest rates and very flexible prices make this a good time to be a buyer…And maybe the moment of maximum pessimism is at hand after all. Let’s play devil’s advocate and consider the positive case for buying a home right now. The key factor: Interest rates.If you can borrow at 4.5% or 5% over 30 years, many purchases start to look appealing. Especially if we get a hefty dose of inflation down the line.
By Brett Arends, April 8, 2009 WSJ

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