Should I Buy a House in 2018 or Wait?
How to Avoid the 2018 Real Estate Bubble
A 2018 real estate bubble may come as a surprise to you, but the signs seem clear: We’re right in the middle of the 2018 housing bubble. Since the 2008 market crash, the U.S. real estate market has steadily grown along with the economy. In fact, more than half of homes are more valuable now, during the 2018 real estate bubble, than they were before the housing market crash.
Unfortunately, things aren’t picture perfect on the horizon. Many experts suggest not only that we’re in a 2018 housing bubble, but that this 2018 real estate bubble is headed for a housing market crash in 2018.
A home is one of the largest single investments most people will ever make in their financial lives. Memories of last decade’s housing market crash are still fresh, so the 2018 housing bubble has become one of the hottest-button issues within the real estate industry in 2018. In fact, it seems many Millennials aren’t even considering buying a home in the first place.
Whether or not you’re asking yourself, “Will the housing market crash in 2018?” it’s not hard to see why you might be hesitant. But it isn’t impossible to avoid the 2018 real estate bubble. In order to make the right call for you about the 2018 housing bubble and housing market crash, you just need to get the full picture. So let’s understand the best strategies you can take to avoid the 2018 real estate bubble.
Will the Housing Market Crash in 2018?
Given the 2018 real estate bubble, there is one question on everyone’s mind: “Will the housing market crash in 2018?” This has two answers: Yes and no.
There are plenty signs of a housing market crash in 2018. For example, sales have slowed while construction has remained steady, which is a trend that suggests the 2018 real estate bubble—or a housing market crash. Vacancies in many major markets are up, which suggests a 2018 real estate bubble. Interest rates are rising, making borrowing a greater challenge for prospective homeowners—and yes, might point to a housing market crash.
There are some major markets where real estate prices are overvalued and representative of the 2018 real estate bubble, which suggests—you guessed it—a housing market crash. You get the idea: Signs of a potential housing market crash abound.
However, even these pricey locales have one thing helping to stave off a housing market crash, despite the 2018 real estate bubble: Their markets are still hot. Young professionals and companies continue to flock to these cities, looking to put down roots for the long-term.
What seems more likely than a nationwide housing market crash in 2018 are localized market dips. Considering each market has its own blend of market forces at play, how does one capitalize on the 2018 real estate bubble? And if you anticipate a housing market crash in your area, what should you do? Will the housing market crash in 2018 at all?
How to Capitalize on the 2018 Housing Bubble
It’s generally unwise to view the current real estate market as one homogenous blob—and the 2018 housing bubble is no exception. Just like home values vary from street to street, there are dozens clues that may cause your market to move differently than one 500 miles away.
These clues can be as simple as folks moving to a hot, new neighborhood, or as complex as a major company announcing that they’re adding an office. There are dozens of indicators that can give you insight into the 2018 real estate bubble, and even a potential housing market crash.
Fortunately, there are some general rules to live by if you want to take advantage of the 2018 housing bubble.
If you have a home during the 2018 housing bubble.
If you’re a homeowner planning around the 2018 housing bubble, now is a good time to take inventory. How much progress have you made on your mortgage? What are some of the major market real estate numbers—like home sales, median price, and construction—in your area? And what do they tell you about the potential prices in the next year or two? Do they suggest your area is experiencing the 2018 real estate bubble at all? Do they indicate there might be an incoming housing market crash?
If you’re planning to move, are you comfortable selling your home soon to capitalize on the 2018 real estate bubble? Or if there is a housing market crash, would you be comfortable waiting a few years? At the height of the 2018 real estate bubble, you’re in a position to get closest to the height of your home’s value as possible. But if demand slows in your area or there’s a housing market crash, you may end up with a loss.
If you are planning to move to another city, remember that markets are very different. A growing metro area may not be experiencing the 2018 real estate bubble yours is! Take the 2018 real estate bubble as an opportunity to scope out fast-growing U.S. markets. Combined with the opportunity to capitalize on the 2018 housing bubble, what a fun experience it would be to watch your city grow around you!
If you don’t have a home during the 2018 housing bubble.
If you don’t have a home, don’t fret—there are still ways to capitalize on the 2018 housing bubble.
From a pricing perspective, there are plenty of markets out there which could be within your range during the 2018 real estate bubble—with room for growth. This doesn’t necessarily mean that you’ll completely avoid the 2018 real estate bubble, but it does mean there could be potential for growth despite the 2018 real estate bubble. Find the sweet spot and you could end up nicely positioned in a market that is poised for growth over the next few years. This can partially insulate you from the effects of the 2018 housing bubble.
If you’re located in a fast-growing residential real estate market and looking to jump in despite the 2018 real estate bubble, check out the average rent in your area. If you do buy a house, you could rent out a room or Airbnb to help cover part (or all) of the mortgage. Be cautious, though, if you’re still wondering, “Will the housing market crash in 2018?” Should your area be experiencing a 2018 real estate bubble and suffer a housing market crash, it may be a few years before this strategy pays off and you can sell the home.
The 2018 Real Estate Bubble and You
You need to do what’s most comfortable to you, and if you’re concerned about the 2018 real estate bubble, we don’t blame you. There’s nothing wrong with sitting tight until you’re in a safer financial position. In fact, the health of your current financial position should always be your priority—2018 housing bubble, housing market crash, or otherwise.
A home is still an investment, which can appreciate during the 2018 real estate bubble just as easily as it can depreciate, even without a housing market crash. As with all investments, you have to be comfortable balancing the risks with the benefits, regardless of any 2018 real estate bubble. Remember: A home is likely one of the biggest investments you’ll ever make in your financial life. And when you’re surrounded by pundits suggesting there’s an incoming housing market crash, you need to do your due diligence. Plain and simple.
To capitalize on the 2018 real estate bubble, you need to learn how you can make money off of its subtle movements. There are plenty of indicators to look to that can help you understand how the market may move. Not every market moves together, even when some may experience a housing market crash. And of course, whether you need answers to questions like “Will the housing market crash in 2018?” or help understanding the 2018 real estate bubble, we’re always here to help.