What will it take to get you to buy a house?

[pizzaman]

I sold my house and rental property earlier this year and became a renter for the first time in 20 years. My plan was to cash out my equity (bought in 2001) and wait until the time was right to get back in. So far everything is going as planned except I now realize that I have no idea when the right time to get back in is. Hence my question to you, what will it take to get you to buy a house? Do you have a date certain? Is it a price per square foot? Is it when prices return to levels seen in 20?? or will you just wait until you are certain the bottom has been reached?

[JWM in SD]

We can’t answer that question or else we’ll be accused of being a NostraDumbass….

[JWM in SD]

We can’t answer that question or else we’ll be accused of being a NostraDumbass….

[JWM in SD]

We can’t answer that question or else we’ll be accused of being a NostraDumbass….

[JWM in SD]

We can’t answer that question or else we’ll be accused of being a NostraDumbass….

[JWM in SD]

We can’t answer that question or else we’ll be accused of being a NostraDumbass….

[patientlywaiting]

I’ll wait until at least the next recession. Sad to say but when people lose jobs, inventory will swell.

After that, I’ll watch inventory levels carefully and won’t buy as long as inventory is increasing, regardless of where prices and rents are.

[patientlywaiting]

I’ll wait until at least the next recession. Sad to say but when people lose jobs, inventory will swell.

After that, I’ll watch inventory levels carefully and won’t buy as long as inventory is increasing, regardless of where prices and rents are.

[patientlywaiting]

I’ll wait until at least the next recession. Sad to say but when people lose jobs, inventory will swell.

After that, I’ll watch inventory levels carefully and won’t buy as long as inventory is increasing, regardless of where prices and rents are.

[patientlywaiting]

I’ll wait until at least the next recession. Sad to say but when people lose jobs, inventory will swell.

After that, I’ll watch inventory levels carefully and won’t buy as long as inventory is increasing, regardless of where prices and rents are.

[patientlywaiting]

I’ll wait until at least the next recession. Sad to say but when people lose jobs, inventory will swell.

After that, I’ll watch inventory levels carefully and won’t buy as long as inventory is increasing, regardless of where prices and rents are.

[cr]

lol JWM,

I’ll answer: when prices drop 40%. If they don’t drop that far before they start going up, but right now things aren’t good for prices.

[cr]

lol JWM,

I’ll answer: when prices drop 40%. If they don’t drop that far before they start going up, but right now things aren’t good for prices.

[cr]

lol JWM,

I’ll answer: when prices drop 40%. If they don’t drop that far before they start going up, but right now things aren’t good for prices.

[cr]

lol JWM,

I’ll answer: when prices drop 40%. If they don’t drop that far before they start going up, but right now things aren’t good for prices.

[Author]

Posts