Is it Possible to Time the Real Estate Market?

There is more to timing the real estate market than often meets the eye.

There's certainly more to it than adhering to the principle of buy low, sell high. I've always wondered why buyers wait for a seller's market. Why do they want to frantically scramble to outbid each other and snatch up limited inventory by paying over market? Yet, when market conditions actually favor buyers, so many seem to adopt this sit-back-and-wait attitude.

What are they waiting for? They're waiting for the market to further drop, as though they possess a crystal ball on which hyper-hysterical headlines scroll . . . read more about timing the real estate market.

More Articles by Elizabeth Weintraub:

• Best Time to Buy a Home
  
• Should You Wait to Buy?
  
• Before Buying a Short Sale

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Technorati tag: real estate market timing

_{At the time of writing, Elizabeth Weintraub, DRE # 00697006, is a Broker-Associate at Lyon Real Estate in Sacramento, California.}