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To: Box-By-The-Riviera™ who wrote (83329)	3/21/2001 10:39:10 AM
From: TheStockFairy	Read Replies (1) \| Respond to of 436258

Is, depending where you are. Right now my wife is running historical statistics on a few different cities based on index prices for the last 10 years and a few select homes in the communities we are looking at. I could be out and out wrong, which would make her happy and she would pressure me to buy sooner. I don't think I'm wrong. I would consider my area to be overpriced if average housing prices or costs of a specific home have increased more than 15% over the last 2 years. I would then counter that we should wait. Too bad I can't start paying off a mortgage without owning a house.