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Ask yourself this before you buy a house

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

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

`Repo Men` Face Tougher Times in Resurgent Economy - americannovice | Feb 19, 2013 11:41 AM ET It`s not over until it`s over. Light strikes twice. Just hang tight, Mr. Repoman. Whatever the saying, history always repeats itself.

american... - by NancyW24

I love my realtor - Claud_Zilla Luc S March 21, 2013
Same here. I dig my realtor. He helped my husband and I buy, and then helped me when I bought on my own after the divorce. He steered me away from... - by Rhoda

Interest rates have been increasing for the last 4 to 6 weeks - americannovice | Feb 19, 2013 10:39 AM ET This maybe a entry point to load up on homebuilder shares?

ehan | Feb 19, 2013 10:55 AM ET I`m a mortgage broker. Interest rates have been in... - by Gor542

How Big Is Wall Street`s Housing Bet? Pretty Big - NewDay12 | Jan 9, 2013 04:42 PM ET I like how after almost 5 years they are still calling this a recovery. Do they think people are that stupid. We are simply not in a technical reccession due to gov... - by Homenow



Ask yourself this before you buy a house

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