I have never seen people as stalwartly bigheaded as we Americans. We want to be proud of buying and living in our own home even if we are walking through the shards of the biggest housing disintegration of the century. Oh, and why not. We are backed by our government with the remarkable tax credit that will probably keep extending till 2012, if the world doesn’t end then that is.
Having a home means having a secured place with money invested in to buy it. For this investment we search for the best deal, a place with best views and comforts at a reasonable price. Even if the price is high, we have banks that provide mortgage at a very low down payment. And we can easily avail one. His recession seems to be a blessing in disguise for all of us homebuyers.
However, before you sprint and clutch [...]