It's always a good idea to check the real estate climate when looking for a new home, meaning is the market better for a buyer or seller. Things can change pretty quickly in the volatile real estate market, particularly in certain neighborhoods. Your wisdom as a parent will give you some general insight to share, but Junior will also need some specifics about the neighborhood he's looking to buy in. If you aren't familiar, then direct your child to a local real estate agent for a meeting. A good agent will be honest about things like the local climate: who's buying, who's selling and what kind of houses are moving the fastest.