It matters because most people do not stay in a house for more than 10-15 years these days.
My mom and dad bought the house I grew up in 1967. We sold it when my mom passed away a couple years ago. That is pretty rare these days. I have owned three houses since 1990. IMHO, buying and selling at the right time makes a big difference long term.
Now, I am interested in buying the house I will retire in. So, if the market goes down in the place I want to live in makes a big difference.
I have owned 3 houses since 1966———
29 years-—16 years-—18 years. Bought this one free & clear.
I have owned 3 houses since 1966———
29 years-—16 years-—18 years. Bought this one free & clear.
$25,250 (City)-———$105,000 (5 acres)-———$145,000—(5+++acres)