A: In real estate, you cannot time the market - you just invest time IN THE MARKET, when you are ready.
If you are patient and work with a licensed real estate advisor, you will generate wealth in 5-7+ years after you purchase by moving through the 5 cycles listed below.
How does this work?
Because the economy and real estate moves in 10-year and 100-year cycles. Each complete 10-yr and 100-yr cycle contains within it 5 phases of spring, summer, fall, winter, and then the next spring ==> all in balance with nature.
The duration of cycles in the residential real estate market can vary widely based on a range of factors including economic conditions, government policies, interest rates, demographic trends, and more.
While there's no fixed timeline for these cycles, the 5 cycles combined BELOW generally span over 9-11 years total.
Austin and Central Texas are currently in a Downturn/Correction Cycle from 2 years of unprecedented growth and expansion (2020-2022).
NOTE: Travisso is an anomaly - as certain New Construction developments in Travisso are in the "Expansion/Peak" cycles because of demand - whereas the resale is in downturn/correction.
Here's a rough breakdown of how long each phase of the cycle might last:
