[blackdog]

Another 18 months and they’ll be plenty of short sales and foreclosures. Be patient. Be smart. Buy low, sell high. A house is no different than stocks. Why would you want to buy in a high cycle? It offers no dividend, only additional recurring costs.

[Mr. K]

I agree.

When those 2 year adjustable mortgages hit some people are going to freak out

[devere]

You are probably right, but the timing of life events can generate an understandable desire to purchase a home, regardless of investment judgment. Your family doesn’t live in your stocks.

[millenial4freedom]

not according to Barbara Corcoran: Self-made real estate millionaire Barbara Corcoran says it’s a ‘good time to buy’ because home prices are going to ‘explode’ when mortgage rates drop