Should You Try to “Time the Market”?

One problem with attempting to time your purchase to the business cycle is that no one can accurately predict the future. Another challenge is that interest rates are generally higher during a depressed market and income may not be keeping up. For that reason, fewer people can qualify for a home purchase than in more […]

Supply and Demand

When the supply of available houses is greater than the supply of buyers, appreciation may slow and prices may even fall, as happened in the early eighties and the early to mid-nineties. If you are lucky enough to purchase a home during a slow period, you can be reasonably certain the economy will begin to […]

The Business Cycle and Buying a Home

Recession and Expansion There are times when the economy is brisk and everyone feels confident about his or her prospects for the future. As a result, they spend money. People eat out more, buy new cars, and…. …they buy new homes. Then, for one reason or another, the economy slows down. Companies lay off employees […]