You've heard it all before: The time to buy is now. It doesn't matter what the real estate market is like. Real estate agents and lenders will almost always tell you that the future is unknown and that there's no better time than right now to buy. It's actually probably always true.
The problem is this: When demand is high and supply is low, your dream home may be hard to find. In that case, what do you do?
It might not be the advice you want to hear, but the best advice may be to adjust your dream. It's not necessary to give up on it, but it may be wise to find an alternative path to make that dream a reality.
Remodel Old and Frumpy Homes
An older home in a good neighborhood, even if it has not yet been updated, can be a great value.…