Would You buy a house,as a first time buyer, in this market right now?

[LostKoss]

I ask beacuse I'm looking at houses, but I'm a little jittery about values being to high.The credit market is looking a little scary too.
At least interest is going down a little.

I'm looking for professional opinions but feel free anyone.

[mahdiman]

good time, but make sure you get a fixed rate apr if possible.
check out clarkhoward.com there alot of info there.

[gemmaal]

go for it the time is right you can pick your own place and bargin on the price because there are so many on the market go for it dude

[seidokan27]

I bought my house at the peak in december of 2005 and since then it has gone down. sometimes I wish i would have waited but look at it this way you need a house no matter what the market is going to do and in the long run it will go up and you will make money. buying property is probably the smartest thing to do and the best investment. I would say now is a good time while it is down and is still a buyers market. it will eventually go back up.