Oh, right. Thanks, Debbie.
Actually, I don't really care that "consumers" "hate" "cheerleading." Rah Rah Rah!
Real estate speculators have always made their money buying low and selling high; the trick is, knowing when low is low enough. And you only know that for certain after the fact.
But homeowners should have another set of concerns, mainly - how do they want to live? And there's no single right answer for everybody, not even a general set of guidelines.
If homeownership is your desire and your situation allows, most of the time, that's when you'll buy. Sometimes, you won't. Life goes on either way.
One secret to success in real estate sales is to focus on the people who actively want to buy and sell, and leave the rest for another day.