When you are purchasing your first home, there is so much emotion that goes through your mind. First is the initial excitement of owning this beautiful home! Your in a complete state of euphoria. Then the nervousness kicks in with whether you can afford it or not. Then your family and friends give you their two cents, and all of the sudden it feels like you just made the biggest mistake.

STOP! Stop right now. Let's be realistic. Before you start looking you most likely have been pre-qualified with a mortgage company. They make a decision based on your debt to income ratio what you can afford. You know in your mind what you can afford based on what you bring home each month, what your monthly expenses are, and what lifestyle you are accustomed to. No matter what anyone says, the home you buy is your decision, your the one who has to live there, no one else.

The most important thing when buying your home is making sure that it makes you happy, no matter what anyone else says. Here are few statistical facts to help support your purchase if you are buying a home now and someone is trying to tell you that your crazy.

1. Economic forecasts show an almost $72,000 equity gain in your home if purchase now. That means your home will appreciate within 7 years of purchase (just don't pull your equity out!)
2. Within 3 years they are estimate an 11% appreciation in home values.
3. By the 2nd quarter in 2011, existing home prices are expected to increase 4.3%

Any home you buy will increase it's value if you live in it, take care of it, and don't pull out your equity. For a consultation to see if you can buy in today's market, email me at abeich1219@gmail.com.For anyone looking for investment properties or second homes, those two will bring you value in the future.



All facts came from http://www.realtor.org/research/research/reportsstatistics