House first. Simply for the long term effects. The market is recovering right now, but it will fall back down. Primary buyers right now are investors and young couples who can't afford the 20% down payment (and thus don't know what they're getting into). Once the new FHA rules go into effect that don't allow FHA insurance to be removed from a loan, I think the market will slow back down, along with the rental market leveling out, etc. Either way, the home is the better investment. My wife and I are saving up now. I bought the car before we got married, and if I could go back I'd get a beater and we'd already have a home. Live and learn.
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2010 Pearl White Touring
Sport Package | Navigation | 7 Speed Automatic
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