Everyone likes to maximize the value of their investment, and this is definitely the case in real estate. Timing the market, however, is nearly impossible to do. Luckily for all of us homeowners, real estate purchases have historically returned tremendous value over the long term. The fact is, this will not change. We are in a thriving city, with a broad population and employment base. Demand has not and will not drop off because there are just too many buyers out there waiting to move up! Even during the most recent economic downturn, we have continued to see price appreciation.
Bottom line: Today’s price for your home is likely the highest it has ever been. Period.