We've been saying for months now that a down economy is a fantastic time to buy a new place at a great value... And it looks like the experts in the media are starting to agree. Hey, they wait for good ideas to become obvious. That's why they're experts, right? Kidding! Take a look at these recent articles:

• From the Metro: Sour housing market fertile for first-timers
• From USA Today: Drop in mortgage rates trigger race to buy, refinance
• From CNNMoney: Mortgage applications jump 11%, Near record low interest rates spur demand for home loans.

All great news, of course. Just can't shake the feeling that it reminds me of something I've heard before... Nah, must be daydreaming.

NYC Daily Real Estate Blog