What’s the next step?

Let’s say you’re renting, but you’d like more space and a home you can make your own. You’d like to buy, but you’re not sure if you’ll buy here or somewhere you can get more house for less money. What’s the next step? And is there another motivation, even more important than the need for space and control, that you’ll have to have to be a successful Silicon Valley homebuyer?

Should you wait for a market correction?

From a reader: “The market has gotten VERY HOT this year and we are starting to wonder if the bubble is backā€¦this time encouraged by zero inventory, a handful of IPOs and a great deal of foreign investors worried about the stability of the economy in their home country. Seems like a great time to sell but would you advise waiting for a market correction to buy?”