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Carp | 3 years ago

That's what my plan is. Just waiting/hoping housing prices drop within the next year or two. Been waiting a while now though so who knows if they'll actually come down

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anon291|3 years ago

Home prices are coming down in my area of Portland, OR, which was already an overpriced market. Homes have been on the market much longer, and several homes have had price reductions in my neighborhood. Ultimately though, I wouldn't try timing the market, if you can afford the down payment, and the monthly, and like the house, I'd go for it. Always time to refinance later.

jokethrowaway|3 years ago

Portland got some pretty negative press in the last few years.

I barely knew Portland existed before that and now I just know I wouldn't want to settle there.

Real estate seems still up in general, I assume because of a mix of inflation and BlackRock / investors overpaying for it to escape all the other failing assets

sizzle|3 years ago

Aren’t they building multi-tenant buildings like crazy that are sitting vacant cause of the huge rent prices?

ricardobayes|3 years ago

It will be tough finding where the sweet spot is of lowest prices vs still acceptable interest rates.