Monday, September 30, 2013
Buying a Home? Proceed Cautiously.
We agree with Shiller that there's currently no "irrational exuberance" in the housing market. We do, however, agree with our advice last week to proceed cautiously if you're in the market for a new home. Regardless of market performance or perception, buy less than you can afford if for no other reason than it's no fun being house-poor.