There hasn't been a better time to purchase a home, although the Irvine real estate market is beginning to slow. In a hot market, you had to jump on a house the second you found it.
Now, with much more selection, you are able to take the time to look for the ideal home. The existing market also allows much more freedom for bargaining. Buyers have much more say at the table, even though the entire process may take a bit longer. Interest rates are still somewhat low, as of now. Rates are not at 5.84%, as they were in 2004, but overall, you are still getting a pretty good deal.
A home is usually a smart investment. Owning a home will generate great tax advantages, whether you are buying to sell or buying for good.
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