[ProtectOurFreedom]

We’ve owned our home for 40 years come July. We’ve weathered several 10% declines and one 20% decline. “Panic” occurs when somebody is moving and going to be in a market only a few years and planning to move again. If you buy for the long-haul, you just roll with the waves.

[SamAdams76]

Correct, too many long term homeowners stress out over what their house is valued at. I remember a family member that was very distraught that his house dropped about $100K in value. I think that was around the 2008 debacle.

He still lives in that same house today so all that worrying was for nothing.

With real estate, buying low and selling high is hard to do because you need a place to live. So if you sell your house at a high price, chances are you will also pay a high price for your new home. So it all sort of balances out.

[JesusIsLord]

If you buy for the long-haul, you just roll with the waves.

Well said. Same holds true for many types of investments.