I was an owner and sold at the top of the market in 2005. Made a shit load and now am waiting to get back in. I’ll probably wait another year and then see how the market is doing. If what all you are saying is true, then next year, I’ll know to wait another year. I’ll just keep waiting and renting. What does it matter. At least I won’t have to pay for broken plumbing. Based on what everyone here is saying, i should be able to take my profit in 2 years and pay cash for the full price of a home. That would be sweet. Then I would own and only have to pay property tax.
So how long do I have to wait again? This sucks, it’s like watching grass grow.
