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Old 01-24-2016, 10:39 PM
 
Location: Berkeley Neighborhood, Denver, CO USA
17,693 posts, read 29,691,842 times
Reputation: 33260

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1. All real estate is local. Not really. It is hyperlocal.
2. If you can time the market, then you should be a real estate investor.

Buy when your life circumstances say buy.
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Old 01-25-2016, 08:30 AM
 
Location: CT
3,440 posts, read 2,517,333 times
Reputation: 4639
Quote:
Originally Posted by Scooby Snacks View Post
1. Can you afford to buy? 2. Do you want to buy? If the answer to both questions is yes, then do it. No one can predict the future, no matter what psychics claim.
Absolutely!!!!! If we bought 15 years ago, prices were cheaper, if we bought during the recession, prices were cheaper, if we wait another ten years, prices will most likely be higher, if we wait another 25 years, Florida will probably be under water. We're planning to move down in the next couple of years, in order to make it work, we have to sell our house up north, whatever the market bears up here determines what we can afford down there, regardless of what we want, pretty simple economics.
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Old 01-25-2016, 09:09 AM
 
Location: Raleigh, NC
19,397 posts, read 27,703,839 times
Reputation: 36050
Quote:
Originally Posted by Scooby Snacks View Post
1. Can you afford to buy? 2. Do you want to buy? If the answer to both questions is yes, then do it. No one can predict the future, no matter what psychics claim.
This. ^^^^ Totally.
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