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« May 2007 | Main | August 2007 » June 18, 2007Is it the right time to buy a house?Yes, says the "wannabuyers". Potential buyers are looking at foreclosures, waiting for prices to drop and trying to time the market, which may be risky. "In general, it is very difficult to time the market," said Raphael Bostic, associate director of the University of Southern California's Lusk Center for Real Estate. "The real problem with that is you don't know when the floor is until after it's passed. If the floor is right now, you missed it." 
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