I sense that you are eager and ready to buy, but have you considered waiting until more of the housing fallout smoke settles? You might find that your prospects are twice as good. Waiting only a year from now will allow you to view any repercussions from a glut of subprime mortgage resets that are due to occur (red line vs. blue line):
[img_assist|nid=3953|title=|desc=|link=node|align=left|width=466|height=305] Besides, if you rent in a particular area it will give you first-hand knowledge of the schools and overall feel of the neighborhood…without having to make a large investment like you would if you'd purchased.
