Top Ten Growth areas: 1. Oakdowns, Greater Hobart, unit – $275,000(median price) (34.

We bought our home at then end of the housing boom, when interest rates were 6. 5% and home prices were still on the high side….

· In increase in the area’s house prices….

House prices were high, unemployment comparatively low, and most of us had never heard of Lehman Brothers, Fannie Mae, Freddie Mac, or a young senator called Barack O bama….

… n housing and there not been so easy to get credit to finance the boom at the first place.

Crazy house by flickr user upyernoz … However, if your score is between 640 and 680, consider putting down 10-15% of purchase price so that some of the best programs are available to you….If it’s a declining market with home prices going down, you may like to wait till prices get better.