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Jim Cramer Says - Don’t You Dare Buy A Home Now

October 1, 2007

Charles McMillan, the President elect of the NAR - National Association of Realtors, says, “3/4 of the U.S. real estate markets are on the rise.” Jim Cramer says, “Don’t you dare buy a home now.” Charles says it’s like asking someone “How’s the weather?” - real estate is local. Geesh, so what the heck does a home buyer do?

Blanket statements like it’s a good time to buy or a good time to sell are just too broad. Housing is local. Home buyers and home sellers situations and financials are unique. Each has to analyze their unique situation and plan accordingly. Boo-yah!

H/T to Brett at Unstructured of AOL Real Estate

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