Realestate quality, VS Cost.

[Frozen]

Hey guys

First I want to make sure I don't offend anyone with the observations I made in my original post above, I am not here to tell everyone there home isn't worth what they paid, or what they have in it.

The home market didn't just go up overnight, it took years to drive the home market up to where it finally blew up, I remember friends looking for a few years to buy a home, they would find something they liked only to take 10 minutes 2 long to make an offer, and loose out to 3 other offers above asking price, they finally bought a home that their not happy with, just so they could say they bought a home!

What took years to inflate with laxed financing isn't going to comeback in a year or even 2, no matter what sales people, or the news media tells us, I think MB area will get hit much harder in the next few years, but on the positive side, here we are talking about buying property in MB, so the interest is there!

After much thought I decided it maybe best to rent an apartment for about a year, get to know the area and people better, I would hate to buy something just cuz its a good deal, only to not like the area, or neighborhood.

[Marylandsailor]

Renting for a year to get a feel for the area makes tons of sense.

Originally Posted by Frozen

Hey guys

First I want to make sure I don't offend anyone with the observations I made in my original post above, I am not here to tell everyone there home isn't worth what they paid, or what they have in it.

The home market didn't just go up overnight, it took years to drive the home market up to where it finally blew up, I remember friends looking for a few years to buy a home, they would find something they liked only to take 10 minutes 2 long to make an offer, and loose out to 3 other offers above asking price, they finally bought a home that their not happy with, just so they could say they bought a home!

What took years to inflate with laxed financing isn't going to comeback in a year or even 2, no matter what sales people, or the news media tells us, I think MB area will get hit much harder in the next few years, but on the positive side, here we are talking about buying property in MB, so the interest is there!

After much thought I decided it maybe best to rent an apartment for about a year, get to know the area and people better, I would hate to buy something just cuz its a good deal, only to not like the area, or neighborhood.