The real estate market seems stable, for now. It can change fairly quickly, especially with an uptick in interest rates. If you pay attention to the real estate market, both nationally and locally, though, there is always a way to be profitable.
I know that because most of my 12 years of flipping was in a declining market. There was a period of time, 2006 to 2008, that were really tough because it was such a fast decline, but I did still make money.
So, now, with a 2-3% annual appreciation for the foreseeable future, I say, “come on in, the water’s fine!” Just start with finding one house to flip, that’s all. You just need one.