Trending upward is a motivator for me and many investors. It’s about making sure it’s going up before putting in your capital. Very simple concept. Trying to pick a bottom is not worthy of the effort and very dangerous.
Price is not nearly as important as whether or not an acceptable return on investment can be achieved in a year or two. As a home owner this could be quite different. But as investor this is what’s critical.
Again, the important thing to keep in mind is when to leave the party. Buy when it’s clearly rising and sell when it’s getting frothy. Very simple strategy.
