TrishaManiac Posted August 14, 2022 Report Share Posted August 14, 2022 No crash..don't worry 1 Quote Link to comment Share on other sites More sharing options...
pandemkodi Posted August 14, 2022 Report Share Posted August 14, 2022 38 minutes ago, ve_ndor_bad_cows said: Rent saving ki bro If I were u I would wait till next March and see stocks might see another down trend probably big one so housing might follow not big but atleast 10 don’t go based on the opinions here .. just buy if you need it . 2 Quote Link to comment Share on other sites More sharing options...
ve_ndor_bad_cows Posted August 14, 2022 Author Report Share Posted August 14, 2022 21 minutes ago, pandemkodi said: If I were u I would wait till next March and see stocks might see another down trend probably big one so housing might follow not big but atleast 10 don’t go based on the opinions here .. just buy if you need it . Kind of need bro, job change from Raleigh to charlotte, have to rent in charlotte, rents too crazy now Quote Link to comment Share on other sites More sharing options...
Manishican Posted August 14, 2022 Report Share Posted August 14, 2022 Interest rates will be still going up as job market except IT is very strong. Also new construction will add more homes to the market. Quote Link to comment Share on other sites More sharing options...
ve_ndor_bad_cows Posted August 14, 2022 Author Report Share Posted August 14, 2022 LTT for more comments opinions Quote Link to comment Share on other sites More sharing options...
ve_ndor_bad_cows Posted August 14, 2022 Author Report Share Posted August 14, 2022 7 hours ago, Manishican said: Interest rates will be still going up as job market except IT is very strong. Also new construction will add more homes to the market. Interest rates may hit 10 Quote Link to comment Share on other sites More sharing options...
hydusguy Posted August 14, 2022 Report Share Posted August 14, 2022 i would wait.. unless u dont regret if it does down and u can afford. Quote Link to comment Share on other sites More sharing options...
ve_ndor_bad_cows Posted August 14, 2022 Author Report Share Posted August 14, 2022 17 minutes ago, hydusguy said: i would wait.. unless u dont regret if it does down and u can afford. Wait means will loose 12k deposit, with that it would only make sense to back out if there is a crash >20-30% down Quote Link to comment Share on other sites More sharing options...
Ravi860 Posted August 14, 2022 Report Share Posted August 14, 2022 1 hour ago, ve_ndor_bad_cows said: Interest rates may hit 10 10 no chance if it does.. then we have big problem.. means crash Quote Link to comment Share on other sites More sharing options...
Ravi860 Posted August 14, 2022 Report Share Posted August 14, 2022 It all depends on location! As someone mentioned places like Austin, Bay Area, Boise will need to come down more. Already seeing cracks right now. Usually Rates high and prices high are bad combination to buy. But with that saying.. if you have cash reserve and trying to settle you can go for it with the “hopes” of refinance in near future. Quote Link to comment Share on other sites More sharing options...
ve_ndor_bad_cows Posted August 14, 2022 Author Report Share Posted August 14, 2022 7 minutes ago, Ravi860 said: It all depends on location! As someone mentioned places like Austin, Bay Area, Boise will need to come down more. Already seeing cracks right now. Usually Rates high and prices high are bad combination to buy. But with that saying.. if you have cash reserve and trying to settle you can go for it with the “hopes” of refinance in near future. Charlotte bro, here highest price is like 40% prepandemic, cash reserve ante usual 20% down rest loan, already locked rate for 4.95 Quote Link to comment Share on other sites More sharing options...
Complex Posted August 14, 2022 Report Share Posted August 14, 2022 no one knows exactly on what will happen. Already contract sign chesav ga, why are you even thinking now? as you can't do anything now... do you have the option to cancel contract now ? Quote Link to comment Share on other sites More sharing options...
hydusguy Posted August 14, 2022 Report Share Posted August 14, 2022 50 minutes ago, ve_ndor_bad_cows said: Wait means will loose 12k deposit, with that it would only make sense to back out if there is a crash >20-30% down but you said sept end.. its too soon to crash.. it will take 1-2yrs Quote Link to comment Share on other sites More sharing options...
Vaampire Posted August 14, 2022 Report Share Posted August 14, 2022 31 minutes ago, ve_ndor_bad_cows said: Charlotte bro, here highest price is like 40% prepandemic, cash reserve ante usual 20% down rest loan, already locked rate for 4.95 4.95% for 30 years? Why dont u go for 5/1arm Quote Link to comment Share on other sites More sharing options...
BommaliNinnodhala Posted August 14, 2022 Report Share Posted August 14, 2022 22 minutes ago, Complex said: no one knows exactly on what will happen. Already contract sign chesav ga, why are you even thinking now? as you can't do anything now... do you have the option to cancel contract now ? Quote Link to comment Share on other sites More sharing options...
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