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The New DU. Is buying a house in a buyers market always the way to go?
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Quixote1818
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Tue Oct-16-07 06:53 PM
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| Is buying a house in a buyers market always the way to go? |
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Isn't it more important to buy into a market that is going to go up in value over the next few years rather than stay stagnant?
I bought my house in a sellers market three years ago and it went up $60,000 over the past three years. If I were to buy now it might not go up hardly at all in the next three years. If I had waited for the buyers market I would have missed out on $60,000.
I am no expert in Real Estate but it seems to me that a buyers market isn't always the best time to buy though I guess it depends on how long you plan on staying in the house and what the market was like where you were moving from etc.
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