Good Advice from a Financial Pro

Suze Orman recently posted this advice for home buyers and owners on Oprah.com :

“...get a grip on what really matters—the long-term performance of the housing market. Even when you figure in the past year's 10 percent dive (in many areas of the country but not in San Antonio), the national median price for existing homes has gained nearly 25 percent over the past five years, according to the National Association of Realtors. Over time, housing will revert to its historical norm: an average annual appreciation rate about 1 percent above the inflation rate.”