LogFAQs > #965961094

Anyone who claims to know what the market will do is most likely wrong, tbh.

That said, post #5 hit it on the head. Trying to time the market will never work, so stick with something you can afford and would be ok being stuck in if prices dip and you find yourself unable to sell.

I personally believe that bubbles in certain areas that are ridiculous and completely overinflated will pop at some point here (Nashville TN, for one), but that simply might not be the case everywhere. To put it in perspective, only recently did a townhome of mine in IL get back above what I paid for it in 2005. Its gone up tremendously as of recent, sure, but knowing its not valued much more than it was 17 years ago leads me to believe things will remain mostly stable or drop slightly there compared to TN, AZ, etc, which could see pretty stark declines.

I could very well be 100% wrong though.