Thoughts on Real estate investment timing
Tuesday, October 30th, 2007Timing RE is an art, not a science. I agree with Bayfamily that being a little bit late in entering the market is in fact a good strategy because
1) usually the new trend in RE will by sticky, often lasts 5 years and longer.
2) most of the gain is realized at the latter portion of the cycle than the early portion, by being 1 year late is not going to hurt your return that much.
3) Being a little late may ensure that you not get caught into a false trend.
investment property