HOME HOME where the overpaid roam

In our paper there was land near my home. (MD)

2 acre lots, $299K to $399K

Finished 5 bedroom 5 bath colonial $1.1 M F ME its crazy!

Now me puts on my thunkin hat. ARE we better off if our house value rises, we sell and move replacing old with a stepper upper? We got more, but we paid more, end result is MORE DEBT.

OR

Our house stagnated in value rising a little here, a little here, we SELL, we break even, we buy another house that also has stayed relative in value.

Difference? NO CASH OUTS to PULL value out of the home for….CONSUMPTION and INCREASE of DEBT! That is how we got to 305% total debt as % of GDP!

FED steped on gas again last week. Retailers WEAK WEAK WEAK, game being played with DOW. and could WEAK OIL be weak demand which equals weak economy which was born out with weak GDP and weak durable goods?

D