Is it a good or bad time to buy a house(ireland)? is there ever a good or bad time?

Well, due to the credit crunch it's reasonably difficult to get mortgages. But if you can get one, then it's a good time to buy as prices are falling and you should be able to get a good deal. Prices may still fall further until the end of the year and even into next year, but if you're in the situation where you're currently renting then you might be better off buying so that you're not wasting money on rent, and anyway, a further drop is not guaranteed.

Property is something where it's always going to be a bit of a gamble - you can never predict exactly what prices are going to do in the future. As long as you do your research thoroughly and negotiate well, you should be fine.

There seems to be a general consensus in the business that home prices are near bottom and will start back up again in the US within the next year or two. Which means this is a great time to buy here based on value. It's always better to buy at the bottom of a market.

While I don't know the current state of the Irish real estate market, (it's been a year since I visited,) I can tell you that the growth in the southwest and west, especially in small, tourist orientated villages, makes me think it would be a great area to invest in. You've had a large influx of foreign buyers over the last decade. And, despite the fact many of them have disappeared given the current state of the world economy, I believe they will return when things start to improve.

On a micro level - you should look at the exact home you want to purchase and compare it to others in your area and then look at your financial situation. Does it make more sense to buy than rent? (It almost always does.) How have homes appreciated in your specific area before the current crisis? I'm sure there are a large number of homes available to buy in your area. That means you stand a great chance of getting the home you want at a very low price. Good luck.

Right now its a bad time because people are losing money.

Also because if you take the wrong price of money for your

house its really bad.

Also if you just make one mistake.

anytime is a good time as long u have the money all the time..