Thread: Concerned about uncertainties? This site can help

Originally Posted by realityjason

Came across this site not too long ago and I am becoming addicted to it.
HouseMiners.com

This is the only site that takes your property information, crunch it, and tells you the best-timing to buy/sell.

Results are generated from costs-benefits-analysis approach (unlike some gurus out there trying to fortune-tell). Speaking explicitly, they compare the volatility of your property value to stability of your rent income. Whichever is greater has corresponding buy/sell strategy.

Best of all, you're the one who controls the quality of results. Because it depends on the quality of the information you provide.

I'm going to see if anyone out there would care about risks as much as I do. Should we manage risks as rigorous as such? Or majority of you just choose to ignore it because people always say that real estate can only go up no matter what?

That's an interesting tool, jason. Do you find the numbers to be accurate for your area? I tried two local cities here in Canada, but didn't find the numbers to be accurate. For some reason, the "barrier price" it computed was much higher in the area where both the buying and renting market is much weaker.

That's an interesting tool, jason. Do you find the numbers to be accurate for your area? I tried two local cities here in Canada, but didn't find the numbers to be accurate. For some reason, the "barrier price" it computed was much higher in the area where both the buying and renting market is much weaker.

Don't think that barrier price is something that they think (or predict) will happen. The barrier price is simply a threshold that the stability of rent will outweight volatility of home value. More from a costs-benefits analysis standpoint.

It's like thinking about running a business and asking yourself a question: at what price will it be absolutely worthwhile to step into the market.

Hope it helps.

I don't see the timing to buy or sell tool?? Is that the right address??