When I started my career in Mortgage, I was told the bubble will burst. I agreed 100%. But what would happen when the bubble burst? That was my question. My friend said that the value of homes would fall. I thought to my self -(The same values that have doubled and tripled over the last 5-7 years?) . Was this a bad thing? After thinking about it for a long time I question a couple of things.

1 Homes have appreciated too fast in our area and are their values really realistic?

2. How much appreciation should we expect from such an investment?

I think it is all about timing. People who bought 5-7 years ago look back now and say. "It was a good thing that I bought when I did." I think that now is a good time to buy and in 5-7 years when you look back you could say the same thing again. Interest rates are still at a very low level and the prices of homes continue to fall.