No your not just dreaming Owning a home is very possible, usually you will have to wait 2 years and have a good credit score, no late payments and even better if you paid off a loan and saved some money. I would suggest talking to a loan officer about getting pre quailfied for a loan or at least they can point you in the right direction. Of couse you need a good Real-estate agent also.
Louise Nicholas Realtor, GRI,ABR
Century 21 Braddock Realty