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Old 10-31-2007, 02:08 PM
Badger Badger is offline
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Join Date: Dec 2005
Posts: 1,664
Default Re: You have $400k in cash, buy House with it or rent & invest

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slightly off topic...

Would it not seem that buying once the bottom is reached is not the optimal time to buy b/c everyone is going to be buying and then you find yourself in a seller's market?

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I'm not sure I understand what you are saying, would you rather be trying to sell in a buyer's market?

Ideally you want to buy in a buyer's market and then sell in a seller's market, which would be easiest to do right when the market is turning. However, another ideal situation (and possibly better situation depending how fast the market turns) is buying when a seller's market is heating up. You buy in a seller's market and sell in a much stronger seller's market.

Whatever the case you just want houses to be in higher demand when you sell compared to when you bought.
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