Getting ready to buy a home
A home is a good investment because as opposed to renting you are putting your money into something that lasts for long time. In addition, the property may grow in value. This means when you sell the home in the future, you may get more money than you paid. Conversely, if the home values drop, you may loose your money. Lately, the economy is showing signs of the home values dropping and home owners losing money. But this is good for the buyer who can afford it because he can now get the property for less. However, if the prices drop further after the buyer has purchased the house, the buyer will loose money if he decides to sell it.