Watching KOMO4 TV news tonight at 11pm, and they just finished a story on local real estate, basically trying to scare people into buying now because who knows what could happen, the market could go crazy again! One person interviewed said that buying now could be cheaper than renting (no, I'm not making this stuff up)!
What passes for journalism and news coverage these days simply amazes me (I watch the news mostly for entertainment value, esp. when they screw up the audio or go off-script). Why the local reporters can't actually put together an objective, investigative story is beyond me--you'd think that kind of thing would get higher ratings than most of the fluff they put on . . .
So get out there and buy, buy, BUY!! These low interest rates won't last forever. Prices could already be going back up!