A few years back it seemed as if everyone was a stock market genius. You could do no wrong or make no bad investment. All you had to do is count your money. THEN the big stock market bomb hit. It now appears to be much the same except for substituting the name to Real Estate. Many people now have more real estate than cars! It is being touted as a sure win deal. The reality is it can and will damage the financial affairs of a lot of borrowers when given enough time. Prices can only go up as fast as they have for a period of time. Then the law of supply and demand come into play. Many of the home purchases have been only for investor use not to live in. When these homes come on the market for REAL borrowers it saturates the housing market as is being seen in many areas of the country right now. A sure sign of problems is when everyone else is doing the same thing in regards to investments. Be careful, be smart and beware of the real estate problems coming up on the horizon. If you are looking for a home to live in the saturation of listings coming on the market in areas will be to your benefit. Keep your credit scores up and save for at least a 5% down payment and it will work out good for you. We love the program at Emigrant Direct. It pays 4.5% and moves up as rates go up. You can cut corners and go on a budget and make it happen. Have you been working on those credit scores? If you are working on your credit you need to stay on top of it by checking it at My Fico.Com or Equifax. Then that new home will really be a blessing you will truly enjoy.