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re: credit bubble vs house prices

Posted on 5/10/24 at 5:34 pm to
Posted by Saunson69
Member since May 2023
1908 posts
Posted on 5/10/24 at 5:34 pm to
Don't listen to this guy, he doesn't know what he's talking about. Median housing price has already dropped 10%+ in the last 1 year. It's doing exact opposite.

Now is not the right time to buy. Let it continue to go down.

Median house price in US
This post was edited on 5/10/24 at 5:37 pm
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
74158 posts
Posted on 5/10/24 at 5:37 pm to
quote:

Are you saying you expect housing to increase another 6-8% this year


Yes thats exactly what im saying

It will be 10% + if rates drop even 1% which they will

quote:

Median housing price has already dropped 5%+ in the last 1 year.


Idiots like Diana Olick who has said not to buy a home for the last 15yr cause its gonna crash say
Posted by KennytheTiger
bella vista ar
Member since Apr 2012
175 posts
Posted on 5/15/24 at 10:35 am to
Don't listen to this guy, he doesn't know what he's talking about. Median housing price has already dropped 10%+ in the last 1 year. It's doing exact opposite.

Now is not the right time to buy. Let it continue to go down.

Median house price in US
______________

OP shared he is in an accelerating market. Local factors more important than US trends in real estate.
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