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re: In the market for a house...

Posted on 5/8/24 at 10:15 am to
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
31337 posts
Posted on 5/8/24 at 10:15 am to
quote:

Wait until rates come down next year if you're lucky.


This is what we're doing because home prices in our area continue to go up, but if that's not the case where OP lives and they find a place they like at a price they're happy with they should consider it.

When buying a home the only thing you're truly locking in is the price of the home. The rate you pay can be changed.
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
75292 posts
Posted on 5/8/24 at 10:17 am to
The best time to buy a house is 20 years ago.

The second best time is now.
Posted by LSUfan4444
Member since Mar 2004
53974 posts
Posted on 5/8/24 at 10:21 am to
quote:

This is what we're doing because home prices in our area continue to go up,


Wait till you see the prices when rates go down.
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