Comments on: It’s A Great Time For Young People To Buy A House http://www.moneycrashers.com/its-a-great-time-for-young-people-to-buy-a-house/ Personal Finance Blog, Your Guide to Financial Fitness Fri, 10 Feb 2012 01:50:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Dennis The Menacehttp://www.moneycrashers.com/its-a-great-time-for-young-people-to-buy-a-house/#comment-34845 Dennis The Menace Sat, 14 Jan 2012 00:25:00 +0000 http://www.moneycrashers.com/?p=747#comment-34845 I would have to agree with the post its a great time for young people to buy a home simply because their are so many places in the country where home orices have become attractive. Thirty year fixed rate mortgage rates are now under four percent. I can remember years back when housing was king long before the housing bust. Everybody had the expection that home prices would always increase. Even myself as far as that go's almost believed in this fairy tale. And it was just that a fairy tale as long as it lasted. I don't have the data in front of me but I think their was only one or two years from 1945 to the early 2000's that national home prices declined. Their were pockets of weakness in texas during the oil bust of the 1980's but over all prices increased steadly from 1945 to about 2006. One giant bubble I would have to agree with the post its a great time for young people to buy a home simply because their are so many places in the country where home orices have become attractive. Thirty year fixed rate mortgage rates are now under four percent. I can remember years back when housing was king long before the housing bust. Everybody had the expection that home prices would always increase. Even myself as far as that go’s almost believed in this fairy tale. And it was just that a fairy tale as long as it lasted. I don’t have the data in front of me but I think their was only one or two years from 1945 to the early 2000′s that national home prices declined. Their were pockets of weakness in texas during the oil bust of the 1980′s but over all prices increased steadly from 1945 to about 2006. One giant bubble

]]> By: Offer in Compromisehttp://www.moneycrashers.com/its-a-great-time-for-young-people-to-buy-a-house/#comment-7110 Offer in Compromise Sun, 22 Nov 2009 21:47:02 +0000 http://www.moneycrashers.com/?p=747#comment-7110 It is definetely a great time for a young person to buy a home. But if the market continues to still decline we may see this change. At the end of the day, if you get divorced or a job transfer and you are upside in your home what are you going to do? Write a check...most won't do this. It is definetely a great time for a young person to buy a home. But if the market continues to still decline we may see this change. At the end of the day, if you get divorced or a job transfer and you are upside in your home what are you going to do? Write a check…most won’t do this.

]]> By: Miraclehttp://www.moneycrashers.com/its-a-great-time-for-young-people-to-buy-a-house/#comment-6479 Miracle Wed, 25 Feb 2009 01:39:13 +0000 http://www.moneycrashers.com/?p=747#comment-6479 Funny, my friends and I were contemplating on buying a house, we do see this time as a good opportunity to buy a house. Thanks for validating our thouhts. This is also a great opportunity to become an entrepreneur watch The YES movie at <a href="http://www.TheYESmovie.com" rel="nofollow">www.TheYESmovie.com</a> by Louis Lautman. Funny, my friends and I were contemplating on buying a house, we do see this time as a good opportunity to buy a house. Thanks for validating our thouhts.

This is also a great opportunity to become an entrepreneur watch The YES movie at www.TheYESmovie.com by Louis Lautman.

]]> By: Craighttp://www.moneycrashers.com/its-a-great-time-for-young-people-to-buy-a-house/#comment-6473 Craig Thu, 19 Feb 2009 21:00:33 +0000 http://www.moneycrashers.com/?p=747#comment-6473 A lot of people say it's great for young people to do a lot of things. Buy a house, save for retirement, travel, etc. But the thing is, we don't have the time or money to do such. We still have life to live and don't want it to be crazy stressful. If I could buy a house I would love to, great investment for the future, but sadly am no where near it. A lot of people say it’s great for young people to do a lot of things. Buy a house, save for retirement, travel, etc. But the thing is, we don’t have the time or money to do such. We still have life to live and don’t want it to be crazy stressful. If I could buy a house I would love to, great investment for the future, but sadly am no where near it.

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