I first read this article “Life in a Bubble”, by Carol Lloyd on sfgate.com in the 2004. At that time you have to remember that we were just starting to see the real estate bubble come to fruition.
The summary of this article is that Lloyd looks at three different scenarios of people thinking about buying real estate. She does the math and forecasts three "what if’s" for these people. All are unique and it really points out that its different strokes for different folks.
The moral of this post is, don’t always listen to the national headlines, but rather find out what works for you. Personal preference is a strong factor when it comes to purchasing real estate. Make sure you have a true, solid professional helping you out, who is not just out to make a bigger paycheck!!
