You can indeed do quite well waiting for all the indicators to be going on the up-trend before buying into RE. And it’s far less risk than trying to time the bottom. Just dont lag too much before taking action.These RE trends tend to run for about 4 or 5 years on average. Plenty of time to make very good money.
If and when things start to rise again, it will be like all the other times….many people will be very discouraged about the RE market improving and will wait 2 or 3 years before getting in, eventhough the majority of indicators have gone positive for over a year. That’s why so many investments have blow-off tops, no matter what the asset class being considered. It’s human psychology.
