Here’s what I see: SD housing market is not in a bubble phase right now. Last buyer’s market was in 2010/2011 timframe. With my ballpark guessimate, the cycle goes between 8-10 years, so it will make sense to start looking around or so. We are in 2015 now, and from what I see, there’s not much good deal out there, I’d recommend to “monitor” and search for good deal, if you find someone reasonably price and fall in love with, make an offer. Don’t overbid. In the meantime, keep monitoring for good deals and keep saving in low risk investment vehicles. Stock market (despite many optimistic folks out there) is quite a bumpy ride ight now and housing market is always a lagging indicator of that. Good luck. Just my .2 cents.
