Sep 28, 2022
10:24:44am
johnnybyu Truly Addicted User
Agree for the most part. Some people will need to sell and it is a terrible tim
e to do that. There are no buyers. They will either have to drop price or turn it into a rental. Most people will just stay put if the have the option. I still think median price is higher in 2 years. The inflation pull is going to be stronger than than the downward pull from interest rates. The cost of home ownership (price X mortgage rate) will likely keep increasing. The buying window will be when rates start decreasing again. Until that I would hold off buying a house.
johnnybyu
Bio page
johnnybyu
Joined
Jun 6, 2002
Last login
Jun 11, 2024
Total posts
14,929 (1 FO)
Messages
Author
Time

Posting on CougarBoard

In order to post, you will need to either sign up or log in.