When is the best time to buy real estate again?
413985
Well, I would definitely wait until these current housing prices bottom out. I'm not sure about the 7 year rule, because real estate is LOCAL. That means if you find a good deal in an area, don't wait to buy it or someone else will. Prices can crash in one area and stay strong in another. It all depends on the local economy.
621142
The market is very weak right now. You might want to spend that time, money and effort on real estate school.
1036555
There have been recent reports indicating that the red-hot real estate market of late has started slowing.  Howerver, while real estate as a whole may be slowing, each market is different.  There may be areas of the country where prices are falling and building is slowing, but there may be others where the market is still red-hot.\n\nYou will probably need to look on a more local level to detemine what is going on and how it will affect you.
663007
Yup, there wont be any time better than the earliest that you can think of.\nReal estate rates will be shooting up in next 2-3 years at least.\nIf you got bucks to buy then go for it.
234990
in any market a well purchased home can be flipped. that means you need to buy it below its true market value and fix it and sell it at a reasonable price. easier to do in a frothy market. if you have not done this before, i would suggest waiting for a time when the market is heating up, not cooling off.\n\nbut keep your eyes open for that beat up property that someone needs or wants to get out of in a hurry.
278429
it might be better to buy one later because of the fact that the real estate bubble is about to burst. prices should fall on property. plus, by then you'll get a better rate because your putting down payment.
111108
No but it would be better to sell now. It usually goes down during the end of January. Buy it back up in November.
817193
Property sales are down everyplace, but prices are up in some areas even though sales are down. I think this a buyers market. Buy low and sell when it turns around in five to ten. In general I think this always works.
1100932
Keep in mind...........\n\nTimes and markets are changing!\n\nIn California with average homes selling well over $500,000, a 20% decline is $100,000! In any market 'timing is everything'! So, could you afford a loss of 25% of your investment all because of poor timing???\n\nThis last up cycle was 10 years in many parts of the country. The downcycle now started in CA, Wash DC, NYC, Vegas and other hot areas of the past are all soft and getting softer.\n\nFrom 1990 to 1996, the average home in San Diego lost 20% of its' value! The cycle we are now enterng looks like it could well exceed that on the downside!\n\nWith all the 100% financing, interest only loans, EZ qualifing etc...even a slight decline will cause many to be unable to sell for the amount due on their loans!\n\nFor some great 'insider' articles on the San Diego real estate market, which I believe will apply to any of the hot real estate markets of the past five years.....visit:\n\nTimes and markets are changing!\n\nIn California with average homes selling well over $500,000, a 20% decline is $100,000! In any market 'timing is everything'! So, could you afford a loss of 25% of your investment all because of poor timing???\n\nThis last up cycle was 10 years in many parts of the country. The downcycle now started in CA, Wash DC, NYC, Vegas and other hot areas of the past are all soft and getting softer.\n\nFrom 1990 to 1996, the average home in San Diego lost 20% of its' value! The cycle we are now enterng looks like it could well exceed that on the downside!\n\nWith all the 100% financing, interest only loans, EZ qualifing etc...even a slight decline will cause many to be unable to sell for the amount due on their loans!\n\nFor some great 'insider' articles on the San Diego real estate market, which I believe will apply to any of the hot real estate markets of the past five years.....visit:\n\nhttp://www.downtown-san-diego-real-estate.com/san-diego-real-estate-article-index.htm\nhttp://www.brokerforyou.com\nhttp://www.san-diego-for-sale-by-owner.com\nhttp://www.la-jolla-ca-del-mar-san-diego-real-estate-encinitas-california.us\nhttp://www.brokerforyou.com/blogger/index.html\nhttp://san-diego-coastal-real-estate.blogspot.com\nhttp://sandiegofsbo.blogspot.com\nhttp://downtown-san-diego-real-estate-views.blogspot.com
552586
Real estate is never a bad investment. Remember you own the land as well as the house.
925821
First, get out of that ARM!!!!\nYou can get fixed 30 yrs at or below 6.75% right now.  Yes, that's higher than what you're paying right now, but lower than what you'll re-fi at in two years when you really will be hurting.\n\nIf you're in San Antonio, then you've noticed that we had a wave of investors come in.  This did two things.  1 - Drove prices of newer homes up pretty quickly.  2 - Drove prices of rentals down quickly.\n\nYour mortgage is $1,400 and it could rent for $1,000.  You're probably correct.  This price range is for buying and living in, not for owning as an investment.\n\n"Money makers" more often than not, come in neighborhoods that you'd rather not put your family into.
10258
current real estate forcasts think that So. Cal real estate prices should start heading down soon.  We should see a adjustemnt in asset prices soon.
72496
BUYIN HOME IN ALBANY IS A GOOD OPTION.THE HOUSE OVER THERE ARE STILL LESS EXPENSIVE AS COMPARED TO REST OF THE STATE AND THEY ARE CATCHIN UP PRETTY FAST.SO IF YOU BUY A HOUSE NOW YOU CAN BUILD UP SOME EQUITY REALLY FAST AND CASH IT LATER IF YOU WANT TO.I'M SAYIN THIS FROM EXPERINCE SINCE I'M A REAL ESTATE AGENT IN NY.
79643
Im A Broker And Let me just say this.\nBUY BUY BUY  The reason is If you buy then its yours and the Banks When you lease You take Some risk with this venture I have seen people lease houses with the choice to buy and 5 yrs down the line the owner files chapter7 and you lose the house and your money then you try to sue the person who has no money left. Its just better to buy Taxes and everything else it will work in your favor. Dont be scared to Buy. If you buy the right house And keep it up and maybe do some work to it in 5yrs you can move and make money on the house. I know many people who buy a house that needs work They get it for 250grand do work to it and in 5 yrs they get 600thousand for it. its a investment and its a good one. But never buy the first one you see. look and compare. Check the area and The market for that area.\nGoodluck
731984
Savings. Try ING. Cash is best to have right now. You don't have enough money to invest in anything else. When you have more $$$ and if you are young then try the stock market. Stay out of realestate for another couple of years.
40646
Property is the best investment,so if you've got the financial ability buy two houses.You can't go wrong.
627180
Well right now it's starting to become a buyer's market. Houses are not selling like hotcakes right now. They are staying on the market longer. This is an advantage for you because prices can be negotiated in your favor. I would wait a few more months and see where the market is then because it hasn't quite changed totally.