Question: How can I be sure that now is the time to sell and buy?
Answer: You can't. There's no way to time the market, to buy at the
low point and to sell at the high. What you can do is buy or sell in response
to your needs and preferences.
If you think about the
most-successful real estate "investors" it often turns out that
they're simply people who needed shelter, lived in their home for many years, paid
down their mortgage and then had significant equity when they sold. It's an old
formula -- and one which has largely worked for most owners, most of the time
and in most markets.
No comments:
Post a Comment