Is it best to save for the ultimate dream home or begin with a less expensive starter home?

Click stars to vote (left is low, right is high)

(No Ratings Yet)

 Loading ...

[?]
 Print This

It can take a long time to save for that perfect dream home. Meanwhile, the market has been flooded with some of the most favorable mortgage interest rates in years. Low rates make housing more affordable, which is why so many buyers have jumped on the home buying bandwagon.

Home-price appreciation has also been strong, making very solid gains in communities across the country. In fact, home prices are expected to increase 2.5 percent to 3 percent annually over the next five years.

If you purchase a starter home today, you can potentially begin to build value that can lead to the purchase of a larger, or more desirable, trade-up home in the future.

Discussion Forum

Topic	Posts	Last Poster
financing for real estate and mortgages at 5-10% rates	1	thrifty
5-10% financing for real estate and mortgages	1	thrifty
Where did all of the PMI go?	5	scherner
Do you have the best price today? Post FREE on PROPERTYFIRESALE.COM!	4	Greatinfo
U have best price? POST FREE - PROPERTYFIRESALE.COM (no registration needed)	1	Greatinfo
Advertise Your Condo Listings Today!!! FOR FREE	1	mycondospot
Interesting Real Estate Blog...	6	progressive37
First time owner……..need some good tenant advice.	5	progressive37
Looking to know more about real estate investing.	5	progressive37
T-I-Cs start with T, and that stands for Trouble.	1	PeterWunsch

Plight of New-Home Marketing Companies: Struggling to Survive?

By George W. Mantor
RISMEDIA, November 21, 2008-Lost among the bank failures and resale downsizing has been the plight of new home sales and marketing companies. Once the high-flying benefactors of an explosion of new home sales, they now find themselves wondering where future closings will come from.
While there is excessive new home inventory at the moment, builders […]