Hello Jim check this out, after we got married in late 05 we almost bought a house in April of 06. Check out one of my very first post on this website. As of now I’m very grateful that I didn’t and glad to still be renting and extremely happy that I sold my last property in that same month.
ps.. back then I said I had only 50k and now it’s well over 100k.. I had been gaining while the market has been dropping. It definitely was a win win for me.
Does my first post in that link seem familiar?
ps 2. that was the same point I started up my site forsakencraft.
Back then I did not know much at all, but now I’m so confident that we are moving from here and renting another place (where I live sucks) and we will hit close to the bottom of this cycle.