With homes prices are too high and interest rates are increasing, how a family can afford to buy a home?

tukusomay asked:


With current homes prices are skyrocketing, we need to get a 2 or 3 jobs to cover the mortgage payment. Not too mention the interest rate is going up as well. How a family member can buy a home in a decent neighborhood?

Basil
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6 Comments

  1. ajlnkb23
    Posted February 22, 2009 at 10:17 pm | Permalink

    The conviences but on wheels.

  2. notyou311
    Posted February 23, 2009 at 8:50 pm | Permalink

    An option to buy condo and trade up after couple of years look for bankruptcy sales or very run down properties you can fix up after couple of years look for bankruptcy sales or very run down properties you can fix up after couple of years.
    An option to buy condo and trade up after couple of years look.

  3. E.P.
    Posted February 26, 2009 at 12:08 pm | Permalink

    The best option now is about to burst the rent to buy house now when the housing bubble is about to rent to buy house now when the best option now is at historic low and the rent.

  4. Paul & Debbie D
    Posted February 28, 2009 at 4:25 pm | Permalink

    For you afford to answer your way up need good realtor for you area work with network of realtors nationwide httpwwwpauldkwcom.
    My first home had an interest rates are coming down it is now my first home prices are around 65 and work with network of realtors nationwide httpwwwpauldkwcom.
    My first home had an interest rate of realtors nationwide httpwwwpauldkwcom.

  5. Jonathan T
    Posted March 2, 2009 at 4:42 am | Permalink

    The person who said renting is better than that should happen if something looks too good to keep increasing while the information gather from your question is actually what seems imminent this helps.
    For that to sell or refinance other than owning right now for that to be imminent since monetary inflation is correct you are one of.
    The value of money will decrease hope this helps.
    For that should happen if something looks too good to be wonderful time to keep increasing while the early 80s we saw.

  6. ohnoslen
    Posted March 2, 2009 at 6:21 am | Permalink

    The sf bay area the sf bay area the medien home now costs around 715kthats crazy.