Time to buy a house?

Everyone is wondering whether it is a good time to buy a house?

The economic crisis is far from over and the housing market is yet to recover? This also implies that houses are possibly less expensive now then they were 2 years ago. However, nobody can predict the market but you will probably be happy to get even in case of selling after being in The Netherlands for 4-5 years. The question is whether this will be the case? The housing market is not rising as fast as before, so it may take longer to regain what you invested. Therefore it is wise to buy in the best locations. For when house prices do recover houses in good locations will obviously sell quicker. And take a flexible mortgage with the possibility to rent out the property. In that case you may keep your house longer and you don’t have to sell in a lower priced market. Use professionals to assist you. The real estate agent (makelaar) for the location and the mortgage advisor (hypotheekadviseur) can inform you about mortgage flexibility.

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