You can be right over a long period of time -- e.g decades.Not sure anyone can accurately predict the short term movement in prices.  

After setting the line in the trench it will be rather peaceful and won't be subject to much movement at that depth :)

I know your post is from a while back but wondering what metrics or resources you used to gauge the long term RE value movement in a particular market?

On top of this figure all the items listed above would be added up to get the final price estimate per sq m.In the stock market there are certain price levels that are more important than others (high and bottoms, moving averages), for stocks and indexes, and there are models that revolve around those figures, that would be the prices (moving averages) around which the market revolves and moves up and down.For real estate there are also those sort of prices and price movements (but they adjust more slowly), but it is harder to know how much value a potential buyer will assign to a balcony, a view, or the fact that the property is already renovated.

I don't want to perpetuate any false dichotomies, but I've been fascinated by the psychology behind certain areas of this forum which is to purchase certain properties just on the fact that they provide cash-flow...and label investing for capital appreciation as nothing more than gambling.

I understand that if I don't sign away the inspection contingency, and if the seller doesn't agree to cancel the contract the money stays in escrow in perpetuity.

Problem is that the market has taken a $65k home and turned it into a $120-150k home in three years in the DFW region.Rent just has not kept up with this movement.

Numerous studies, including those by Nobel laureate Robert Shiller have shown that movements in interest rates have no impact on residential real estate. 

I pulled up the carpet and look and behold: the floor underneath was perpetually damp from a leak.

What’s everyone’s thoughts with all the movement in this area and increasing traffic with all the events as well.