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Housing: Best time to buy in four years March 4, 2008

Posted by curmudgeonblog in real estate.
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Home values have declined across the country, giving homebuyers the best buys they’ve had since 2004.

By Les Christie, CNNMoney.com staff writer
March 4 2008: 1:30 PM EST
NEW YORK (CNNMoney.com) — It may be the best time to buy a house in more than four years.Home prices have dropped so quickly and so far that valuations – the difference between what a home should cost and its actual price – are the lowest they’ve been since 2004, according to a report.Full story >>

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