Ask yourself this before you buy a house

Bill Williams Mar 1, 2013 Homes have rarely been more affordable. Home affordability index graph from the NAS compiled by the St. Louis Fed. A 100 means that median income family can afford a typical home higher number is better. i1173.photobucket/albums/r583/wwillia99/fredgraph_zpse7e5e376.png


Dave SmallTecBus Feb 28, 2013 Well now, the past 60+ years of experience and history tend to prove otherwise throughout most of that period, except for recessionary dips such as we`ve experienced over very recent years. One of the true cornerstones of real wealth has always been based on owning real property - Real Estate.


Ivo Krumo
February 27, 201 I am not a professional, however I think that the home is not an investment, as well it is not an asset. Home is pure liability held and managed by the mortgage lender.






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Latest Comments

Is the Refi `Apocalypse` Really Upon Us? - LoganMohtashami | Jan 30, 2013 01:23 PM ET It`s here already Anyone who could refinance already did last year an barring a HARP 3.0 program all that is left is the scraps from HARP 2.0 I told you a w... - by HNNW8

the interest rate tax deduction - Berosucci | Dec 6, 2012 12:49 PM ET If you are relying on the interest rate tax deduction to be able to "afford" a house, you are buying too much house.

gram01 | Dec 6, 2012 04:45 PM E... - by 8843HC

Housing Starts Fall as Northeast Feels Effects of Sandy - go@PTSC | Dec 19, 2012 08:49 AM ET Do you know how a volcano erupts? It builds and builds pressure until an EVENT happens. I see a parallel to that with PTSC. A lot of good news on legal issues. Too ... - by NYC54ZP

the banks are holding a ton of homes - MandyBrazil | Jan 22, 2013 01:04 PM ET @Mr.Clumpus what if the prices are forced to go up because those holding the supply are hoarding them? in plain simple terms, the banks are holding a ton of hom... - by VZZ8752

Homes for sale for an average of 6-12 months - MBA_grad | Jan 28, 2013 10:38 AM ET Here in the Desert Southwest, I can`t find a decent home to buy. Most houses in my area have been for sale for an average of 6-12 months, with only a few new ones ... - by BCNw5



Ask yourself this before you buy a house

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