cheaprealty net

Since the previous topic got some conversation flowing, let's go back to the watercooler.

Today, I want to discuss what the benefit is to calling the top*, if you want to buy. Specifically, is there any point in waiting for housing to peak before buying? What if this is an escalator, and it just keeps going up?

Housing bulls sometimes like to point out that if one intends to live in a house for a number of years, the affordability of your payments and your satisfaction with your purchase are more important than the price - after all, whether up or down, while you are using and enjoying your home, the price paid was just your ticket into the game. Trying to time a market could leave you out of the housing game for years - and in the long run, housing always goes up.