misslupin

U.S. Home Prices Go From Bad To Worse

I am so sick and G*damn tired of reading news titles likes this one: "house prices go from bad to worse" House prices BECOMING ONCE AGAIN AFFORDABLE FOR THE TYPICAL AMERICAN WHO HAS GOOD CREDIT, A DOWN PAYMENT, AND STABLE INCOME IS A BAD THING? What the heck is wrong with people? House prices became totally unaffordable and millions of people were literally priced OUT of the market, unless they wanted one of those ridiculous ARM's. My husband and I make just under $200K a year - have GREAT credit - and we can't afford a house, unless we are willing to fork over in excess of $4,000 a month. House prices coming down are the greatest thing that has happened in the housing market in 5 years. It's about time, and it is a BLESSING.