There's still too much information outstanding. For instance, much depends on the bromide "location, location, location." A well-priced condo in an area where housing is holding its value well may be a better investment than a 5 bedroom home in a severely declining area (see Patterson, CA trends for an example.) Also, how much time and money have you to spend on maintenance? Right now, look at properties that you either want to live in or can afford for the next two years, minimum.
Source(s):
- years of experience in real estate and related fields.
- Dataquick trends for CA central valley from May 2006 forward (one of the most heavily effected areas in the current economy)

Asker's Rating:

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