Is this the best or worst time to get into real estate?

[Eliott Elias]

I believe this Is the greatest opportunity, not because of pricing, but because your weaknesses will be exposed. It is easy to be an investor in a bull market, this market will force many to learn the fundamentals of real estate which will serve to benefit you greatly. A great market does not teach you what a recession will. For those on the fence, get off.

[V.G Jason]

Quote from @Miles Atkins:

Quote from @Bruce Woodruff:

This is the best (but hardest) time for a newbie to get into RE. This market is scaring away all of the lookie loos who have been buying up anything they could. Now they have to be careful......

 Bit new to the market aspect of things. Is this the hardest time to get into real estate because the prices are high?

High is a relative thing.

Most would say rates are high, these are kind of average. I do think rates cannot stay at this level indefinitely due to debt, but if you think we're going back to 3% I would bet against that. 5% ish will be the new norm. If rates went down to 5% today, a lot of these listed houses in good markets would be listed for about an extra $10k-$20k per $100k listed, at least. In really growing markets probably closer to 25k. Do the math on "high" rates and being negative cash flow owning the underlying asset versus that extra increase in outright house price and difference in cash up front. Going for good markets is now more key than ever, you'll get substantially higher cash flow + appreciation if you weather the first couple or so years. Only in '08-'22 were people buying and outright cash flowing, it was a short lived thing. You'll cash flow on a purchase in 2023 in 2025-2027 if you bought in a good area.