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12-27-2008, 05:51 PM #1
Hello Everyone
I can't recall if I put an introduction here or not, so here goes...
My name is Catrina
My jobs are Content Provider/Marketer AFTER Wife and Mom
(and now new home researcher lol - hubby's new title for me)
I live in Lafayette, Louisiana
I hope to learn about the market as we are preparing to purchase our first home, even in a down economy. I hope to share what I have learned to mutually benefit those sharing their experience with me.
btw -- thank you for the wealth of information I've been blessed with so far.~Catrina~
Writer, Editor, Marketer
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12-28-2008, 05:54 AM #2
Hello Catrina -
There may be more layoffs and company closings in the first quarter of 2009. So home prices and interest rates may be the lowest in March.
There might be inflation after that as government spending increases to get us out of the recession.
So your timing may be excellent ... buy low and pay off the mortgage later with inflated dollars.
Of course I may be wrong and unforseen events can change things too.



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