We usually don't get to buy our dream house the first time out and for some of us we never buy it because a 3000 square foot Victorian on Summit avenue just isn't practical for us.
First time homes buyers in particular like to ask how many homes they will need to look at before they find the right one. Please don't ask because I don't know. Everyone is different. What I do know is that when you find that home you will know it. You will love it. If you don't feel that way about it, don't buy it.
Chances are anyone who purchases a home this year and finances most of the cost will need to live in that home for at least five years, probably longer. It will cost more than the 8K first time home buyers tax credit to sell it sooner. Take advantage of the tax credit if you can but don't feel pressured to buy a home for the tax credit unless it is the right home.
