Thread: Investing 102
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Old 02-14-2018, 02:46 PM
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Vegas69 Vegas69 is offline
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Comparing the real estate market from 2006 to 2018 is tough to do because they are not that alike. First, financing isn't anywhere close to that loose and most homes are bought with considerable documentation and scratch in the game these days. Don't discount inflation either. The cost over everything is up since 2006 so the same median price isn't relative.

With all that being said, I think a cool down is coming soon. It's been a really good run in most markets for quite some time. I'm not saying it's a bad time to buy if it makes financial sense. I wouldn't buy because you think you will hit a home run. That was in 2010-2014 in most markets.

The key is and always will be, buy real estate only if the numbers make sense personally long term and you can afford to wait to sell until the market is right again. If either of these don't equate, don't buy.
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