Buying a home isn't stupid!

Here are a few of my favorite points from this article:

From the Housing Bubble to the Mortgage Meltdown, the press has been relentless, even though most people have lost more money on their SUV's and their stock portfolio than their homes this year.

Even though national housing prices are likely to dip around two percent this year, 2007 will still be the 5th best housing year on record. (actually, the third best year ever in Columbus!)

Most foreclosures and delinquencies are concentrated in the subprime market, and those who qualify for conventional financing are still seeing extremely favorable interest rates.

The East and West Coast typically flex higher and lower than the middle of the country, so it's not surprising that when the housing boom started back in 2002, prices skyrocketed in California and Florida, while going flat in other places.

http://realtytimes.com/rtapages/20071120_buyinghome.htm