Thoughts on the real estate bubble
Hey everyone! Hope this finds all of you and your family safe and healthy!
I am a newbie to the real estate investing world. I have not bought any properties yet because I am working on funding right now. Mostly saving up and penny pinching as much as I can from my W2 job. Along with that, I'm just researching as much as I can about the real estate world before entering so I'm prepared.
I live in the North Jersey area. I'm interested in buying my first property soon and been watching the market. On my YouTube finds, I keep running into this term "the bubble" for the real estate market. A lot of real estate YouTubers are suggesting to hold off on buying until the bubble pops, especially if it's your first property.
Just reaching out to my BiggerPockets family for some insights and opinions about this.