If you are buying to flip in a short period you had better be a good guesser or buy cash on the courthouse steps.  If you are buying a home to live in or for long term investment you are much safer.  There will be a bottom to interest rates (maybe it is past) and there will be a bottom to home prices.  Getting them both right is tricky.  If you think banks are going to dump homes, think again.  On the street we know that banks are more stubborn every day.  Also remember that a 1% rise in interest rates is equivalent to a 10% price increase.  Smart investors have been buying all year.  Call the JonRon Team today.