So you’ve read Part 1 about bulls and Part 2 about bears and don’t think you fit neatly into either category? That’s perfectly okay. Maybe you’re a regular person, which is probably the best thing to be when it comes to residential real estate. It’s time to find out!

You know you’re a regular person if you think along these lines……

1.You’d like to buy a new home now and, while you want to be aware of market conditions so you can act smartly, you’re not going to worry about them;

2.You know that you can’t control the market and that all you can control is yourself. You’re prepared to pay market value for your home, but you won’t let yourself go crazy and pay a ridiculously high price for a home you don’t love;

3.You realize that prices are high right now, but you plan on being in your home for a long time. You’re okay with paying a little extra because when you  spread it out over the number of years you’ll own your home it doesn’t make much of a difference;

4.You hear that the market could soften in the near future, but this doesn’t cause you much concern because you know that the market fluctuates both up and down over the long run;

5.You’re not planning on doing a quick flip and know that real estate has proven to be a good long term investment;

6.You see the connection between real estate and yoga;

7.You understand that life is short and that the sooner you buy your new home, the sooner you’ll begin to enjoy it and the happier you’ll be.

If this sounds like you, congratulations! You’re a regular person with a balanced and practical view of the real estate market.

What are the pros and cons of being a regular person?

Pros: You’ll buy a home you love. You won’t get stressed by the real estate market. You’ll live happily ever after.

Cons: You might pay a little bit more than a bear and you might wait a little longer than a bull, but it’ll be worth it!