Comment by mancerayder

I am not so sure. An article is on the front page of the WSJ (online) about property taxes and insurance becoming more than the mortgage payments.

In parts of the country there's a crash in the works (Sunbelt, Florida in particular).

Where I live renting is substantially cheaper than buying, by thousands a month. You are absolutely better off buying a mutual fund with the difference and enjoying the flexibility of having cash.

I am not so sure what is going on in the housing market, but there is so little inventory in the hotspots, and what appears to be a dump in the no-longer-hot-spots, that it's scarier than buying stocks right now.