When is a good time to buy?
The answer to this question can vary from person to person, market to market, house to house. A good agent can help you find a good house on a good property in a good area, but even still, perhaps ones finances are not in order to purchase yet. Or one may need to move in a year and so now would not be a good time to buy real estate. Real estate is a long term investment. While appreciation is one benefit of real estate, it is not the sole benefit as there are many other benefits, both financial and otherwise, that real estate provides. But the important thing is for each person to see where they want to be in the next three years. If they plan on staying in one place then real estate is likely a good investment opportunity. However, if the person is a businessman who moves every two years then real estate would likely not work out for such a person.
Engle Realty LLC