Q: My fiance and I are getting married this summer so we’re looking to buy a home in the Northeast. We’re not sure exactly which neighborhood we want to live in yet, but it looks like our choices are limited to Mayfair and Homesburg right now. Is there any reason to hope that prices will go down in Morrell Park or Parkwood? We were thinking we should wait until that happens.

A: No one knows for certain what will happen to house values in the Northeast. Will they go up or down, or stay the same? They have already gone down a little, but not much compared to many other parts of the country. continue reading »