There are points of maximum risk and maximum opportunity when purchasing in any investment. Naturally, you will want to sell at the point of maximum risk (sell high) and buy at the point of maximum opportunity (buy low). The only time you can guarantee a bottom is to see it in the rear view mirror, as the price and costs start rising again. Here is something to consider: There is more and more evidence that the COST of a home has in fact hit bottom. Thats right, the COST. Its imperative that we consider costs as much as price. Consider the expense of financing a property to best determine the true cost of purchasing the home. Interest rates have increased over the last quarter; and the rise in rates has cancelled out the effect of any fall in prices.