Quote from @Enrique Huerta:
If you have a long-term perspective in real estate, I would dollar-cost average and continue to buy. If you were buying in the last 2 years, you were paying increasingly higher prices so buying today would be a better play overall. It's not about being on the sidelines, but instead it is about finding a motivated seller, negotiating a solid price, and structuring the financing so it remains accretive to the overall investment.
I'm curious, @LaMancha Sims, are you on the sidelines or still buying? And why?
@Enrique Huerta. My firm lends money to Investors and we build home in the SE. So, I am always in the market in some fashion. Right now, I am asking this question to get a feel for what Investors are thinking and what they need to gain more profits in 2023.
My thoughts are always to be in the market...There are always profits to be made. But I want to know how other see things.
Thanks for replying.