I timed the market when I bought in 2000, and sold at peak in 2007. I rented for a while after I sold, but quickly found that for me and the family, renting was not going to be a long term deal. We purchased our dream home, and we are back to normal life.
For me I Gained a bigger/nicer house in a nicer area, better school district, closer to work(10 minutes), and have $120k in the bank.
I would be a 1 or a 2, if the darn economy was better. My retirement account is taking a beating.
