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The Impossible Dream: Is the "American Dream" Over?

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by Hugh Brecher, for LegalClosing.Com

Home Ownership is NOT "The Impossible Dream."  Home ownership, still lives as the heart of the American Dream, and the American Dream is alive and well.

Are you thinking that we don't see the news about the housing crisis on TV and in the newspapers? Nowadays the anxiety about this seems to be everywhere. Reading newspapers isn't bad, but you should read more than just newspapers. How about reading history books, economic history books in particular.

All aspects of economics run in cycles; things go up and then go down and then up again. Even pendulums, as in grandfather clocks, swing all the way to the left side and then all the way back to the right. The entire universe operates in cycles; the earth revolves around the Sun completely once every 365 days. This has been happening since our solar system was created.

As humans we look at outside events and forget that
there is a constant factor in the Universe, this is the constant factor:

Things Change!

If you believe that cycles are real and that history does repeat itself, then you can probably read the handwriting on the wall. The sky is not falling and this era in our history may well be one of the best times to buy a home in a great many years. When is it the best time to buy a house, when prices are at all time highs or when there is a housing market correction and bargains are abundant?

Can you afford to buy a house? This and other questions are
answered on the LegalClosing Frequently Asked Questions Page here:

Can You Afford A House?

While you are browsing the LegalClosing website feel free to write or call Hilly Einbinder, a respected Connecticut real estate attorney with more than 25 years of experience .  When you have questions Hilly has the answers.  Hilly's contact information is easily found on his website.

 

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