Savvy investors are discovering interest rates, inventory, and location are not as valuable in understanding residential real estate as studying the buying behavior and selling behavior of average U.S. consumers. Here’s the simple pattern from the U.S. Census Bureau: Age 31: First home purchase regardless of interest rates Age 41: Largest home purchase Age 78: The average age most Americans sell their homes happens to now be the average age most Americans die, per the CDC. In short order people dying will outpace people buying homes. Now may be the best time to buy low, sell high, and rent. Thanks to Kenny Rogers, The Gambler, You've got to know when to hold 'em Know when to fold 'em Know when to walk away And know when to run You never count your money When you're sittin' at the table There'll be time enough for countin' When the dealin's done To contact John Grace: 805-495-2077 Mobile jgrace@whybepoor.com Looking for an interview by Bob Friedenthal: 310-736-5787 Mobile bob@mycity.com Join Mycity.com for Free!
