Maybe that's too small for most folks, but many agree that smaller is better these days.
Record low mortgage rates and a federal tax credit make this a good time to buy for some people.
Personal-finance writers have been guilty of buying too much house or too much car, or living too large.
But it is important that you get the basics right.
Time extended, and credit added for some owners of existing homes.
Key steps to take and traps to avoid if you pursue this homebuying method.
What can you do if you want to move?
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All hail the bull market, which ended the week with a big rally. But it also is starting to look a little like 1987, which suffered an epic blow-out.
The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
MONEY & POLITICS
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
The IRS is struggling to combat identify thieves who file fraudulent tax returns in the names of older residents who don't need to file.