Guest Post: Emergency Response Team: Tools to Prepare Yourself for Buying in the Future

Today Dr. Housing Bubble shares with us some tips on buying a home in a bear market. Thanks Dr. HB! There is no question that we are living in a multi-year housing bubble. All you need to do is take a look at some of the Real Homes of Genius in Southern California and you?ll quickly realize the magnitude of this housing mayhem. Is there any doubt that lax lending standards played a part in supporting this housing market especially in overpriced metro areas? As we are facing depreciating markets, rising inventories, and tightening credit what can a prospective buyer do to prepare for a housing bear market? There are a few tips that you can do to prepare yourself for the coming years; playing house, maintaining your credit score, and buying when fundamentals make sense. Playing House Mo