Starting Out
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal



Real Estate Classifieds
Reviews & Feedback
Updated almost 6 years ago on . Most recent reply

Buyer's Market Soon?
I heard on NPR yesterday that a buyer's market is on the horizon. Just curious if there's any validity to this statement? I know it's good for investors, if so, but to go off-topic for second...my wife and I are about to purchase our first home for us personally, so it scares me that we could be buying RIGHT before the market turns.
Any thoughts on this?
Most Popular Reply

Remember, you only lose money when the market turns IF you sell. If it's your personal house and you intend to live their for a while then there is a high likely hood you will see a cycle in the market where prices go up and prices go down. But you have the luxury of deciding when to sell.
Just buy within your means (don't have 50% of your income going to the mortgage or something crazy) and you will be okay.