Single-family home sales fell 5.8 percent year-over-year, with 6,548 units sold;Days on Market (DOM) for single-family homes was 52 days;Total property sales declined 4.4 percent, with 7,842 units sold;Total dollar volume was down 3.5 percent to $2.2 billion;The single-family home median price edged up 0.2 percent to $232,500, a September high;The single-family home average price also achieved a September record, rising 1.7 percent to $295,765;Single-family homes months of inventory was at a 4.0-months supply, up fractionally from 3.9 months last September and slightly below the national supply of 4.3 months reported by NAR;Townhome/condominium sales fell 6.1 percent, with the average price down 6.6 percent to $191,967 and the median price unchanged at $159,450;Leases of single-family homes dropped 35.4 percent with the average rent down 4.0 percent to $1,812;Volume of townhome/condominium leases plunged 44.5 percent with the average rent down 1.0 percent to $1,584.https://www.har.com/content/newsroom?

Keep taking in all the educational info you can before you take the plunge and buy your first place.

I've been studying up for a long time and ready to take the plunge once I can save up some funds, unless I can find a good hard money lender willing to make a deal.I work in IT for the government, but my primary goal is to have enough properties that I can become FI and quit my day job to do this full time.

I do apologize for the long post here, but there’s a lot to get out here.I’m posting in hopes of getting real data and information from folks before making the plunge into my first RE deal.

@Toby Thompson, welcome to BP and congrats for prepping to take the plunge. 

For example, I was thinking maybe I should wait to have people sign any kind of lease until the summer so I don't have all three units turning over in November (not the best rental season).Thanks everyone and thanks to the BP community for inspiring me to take the plunge!

Hi BP,I've been following BP for a long time and my wife and I, finally, took the plunge and bought our first rental and now our second and couldn't have done it without the huge amount of great advice from this community. 

Why check the market daily-  Its important to keep in mind that during the downturn of 2008 property prices in Boston stayed stagnate and dropped but didn't plunge. 

I am now ready to take the plunge.

I'm fairly new at this, read a few books, done a lot of research on BP forums and online and feel ready to make the plunge.