. . . almost to a fault. If it's in that sweet spot below $155,000 or so, and in an area within 12 minutes to downtown (think William Cannon, 51st and Manor, etc.,) then plan on fighting for it. I'm in my *fourth* multiple offer situation so far this summer and it's all happening at the first-time homebuyer price points and in the areas as close to the city center as possible for the same money. The house has been on the market for all of one day and from what I hear, we're offer #3.
What do you think will happen when the tax credit expires on November 30? We had a very spirited conversation at dinner last night; some realtors think it will be renewed as-is, while some expect it to go away all together or be trimmed down in light of more positive economic news.
President Hoover took some criticism for pulling his stimulus projects too early in the Depression. What will our leaders do? What should they?