Wednesday, November 02, 2005

Should you buy a home now?

Home prices have been moving up and down like stock prices. But, unlike stock prices, the equity in your home is not liquid. If the real estate market is in despair when you need to sell, you may have difficulty selling. To protect yourself against unpredictable changes in the real estate market, don't buy unless you plan to keep the property for five to ten years.

If you have any real estate related questions feel free to contact me via email: longislandrealestate@hotmail.com or aim messenger: realestateofli

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