The spring and summer months are usually the most popular months for buying a house. And, buying a house is probably the largest purchase a person will ever make.
According to Zillow, the median U.S. home value is $195,300 and the median price of homes currently listed is $234,900.
Nearly everyone says that a house is a good investment. Many people will even go as far to say that doing anything other than owning a house would be a complete waste of money.
However, I don't agree with that at all.
Buying a house isn't for everyone. You shouldn't jump at the opportunity to buy a house, especially any ol' house. And, you should think about all of the factors before deciding that buying a house is the best and only decision for you.
Deciding to buy a house is a huge commitment, and problems may arise if you don't fully think about how this big purchase will affect your life.
There are many questions to ask yourself before you buy a house, and not everyone will have the same answers. This is why it's important to analyze your situation first.
Whether you are a first time home buyer or if this is your second or third house (or more!), you should still ask yourself these questions. [Read more…]