No one wants to purchase a home only to see its value decline. But should you wait to buy a home until prices bottom out? A quick web search will yield a number of articles and opinions for and against timing the real estate market, but beware of those in favor of market timing who also want to sell you a how-to book or system. The longer you own your home, the better chance you have of building wealth and protecting yourself from the markets ups and downs.
Home ownership builds equity: Some people just don’t (1 comments)