My sister and her husband bought a house in 4S ranch last December against my recommendation. They wanted to get out of their apartment and have a place to call their own. I guess I appreciate the sentiment but the pragmatic person in me still thought it was a poor idea based on the economic situation.

Since they’re planning on holding for awhile and both make good salaries, they’re not afraid of being underwater for awhile. I personally thought holding out another year would have made a pretty significant difference in how much house they buy.

It’s a personal decision dictated by your relationship and where you are in life. A house shouldn’t be a pure economic decision nor should it be a pure emotional one. Got to balance it out (I guess).