Is
it time to buy a house?
Whether
you're looking for an investment property or a place to live, here's a
look at the cities you should seek out and avoid in 2008.
The
housing crunch and the excessive inventory -- exceeding 10 months on resale
homes -- continues to take its toll on housing prices. But over the long
term, housing is still a good investment. In fact, it's more than an investment;
it's a home. Plus, you're not really saving anything by renting, as the
costs of renting and owning are about equal (well, owning may be a little
more). The tax benefits of home ownership far outweigh renting, too. With
good housing prices in many great areas, this may indeed be the time to
buy. - by Danielle Babb
The orginal twin cities of Texas Magazine