re: 4 reasons why the economy is crumbling.

quote:

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There isn’t an ideal time to sell and buy. When prices are high, you get more for selling but it’s over spend on the next home. Opposite situation when prices are low.

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This is the truth. The worst situation is to buy a home in a hot market and basically overpay for a home, and then be forced to sell (by a job loss or moving for a new job) in a down market and then get less than you paid or make no money off the sale.

The optimal thing to do is to buy a home in a down market when prices are reasonable. Live in it until the market rises, sell it at a profit, and find a home at a reasonable price that needs some work. Profit.