What to do in a flat market

[Youdo Thirakul]

It looks like right now Alaska market isn't going anywhere.  1 realtor said we are in a recession and another said it just flat, houses are on the market longer then before but still selling.  Read on the daily newspaper and it said its not going up or down.  What to do when the market isn't going anywhere for the past 2 years and there a lot of uncertainty ?  I would love to do some fix and flip but rental might be the way to go and see if the market will change. If there's a lot of houses on the markets then i don't think fix and flip will be ideal, unless the deal is good n price lower.  Also I'm thinking about moving or invest in out of state market where i have some friends and family at (WA,Portland, Sac-town) but i don't really want to move unless the market is bad.  I work with my dad (part time) and looking into investing full time.  Any suggestions ? 

[Jon Hull]

@Youdo Thirakul I too am a relativity new REI, I am having the same issues you are about choosing the markets I want to invest in. One of the best things I have been learning is to maintain some liquidity in a questionable market and not to over extend in my investments or personal finances. I saw you mentioned "Sac-town". I assume you meant Sacramento. I am local here in Sacramento. I would strongly caution against buying in my area right now. I have been watching home values here for the last 5-7 years and we are at or above 2007 prices with a market that is most definitely softening. How values seem to be very inflated. I am recommending to anyone I talk to in my area to be very cautious even in the worst area with the cheapest deal in California right now. Best of luck to you. Feel free to contact me if you have any questions about my area.