Quote:
Originally Posted by birdmanx1
I didn't see you post Mike but you said exactly what I was stating in my post. If one expects to be in an area for a while then a house purchase will make sense despite the market trending. If one expects to be in an area for 2 years or less (usually typical for people in early stages of their career), a house makes absolutely no sense if the intend is to sell. Average home ownership duration is 5 - 7 years BTW.
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I guess I am just in a better situation then most as far as housing market..
and when I was in Arizona.. the market was vastly superior.. it was a buyers market yes, but people were still seeing better then average returns!
I wish I had purchased when I was in Tucson... :sadface: