Everyone is so caught up and worried about home prices going up or down, let me ask you, does it matter what the sale or purchase price of the home is? Really all you have to be concerned about is, one, that the loan you about to sign for, is a 30 year FIXED(the interest rate does not change) monthly payment that you can afford and number two, that you are happy with the house your about to call home.
If you have been renting all your life and have paid rent to a landlord receiving no kind of benefit or tax break, why are you so worried now?
Remember!! If you can comfortably pay the monthly mortgage, give yourself and your family the pleasure of becoming a homeowner.
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