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To: SouthFloridaGuy who wrote (951)7/9/2007 12:33:21 PM
From: John VosillaRead Replies (2) | Respond to of 1718
 
'So we'll see. Inventory wise, we're probably at least around 10-11 months which means price pressures exist.'

So you are in no hurry then as long as rates don't rise.. Best to get the sweet spot of much lower prices and still very low rates. Or even the alternative of prices dropping 20% while rates rise from 6 to 8% gives you the same mortgage payment but the chance to refi some day in the future IF rates dropped..


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