re: Hows the housing market outside of lafayette? so aggrivated trying to purchase

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I just don't want to miss the low interest rates.

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1) Raising interest rates may well put a damper on price growth.

2) Rates in a year are still going to be quite attractive by long-term standards

3) If rates go up and back down, you can always refi. If you overpay a house, you overpay forever. Plus, unless you are going to pay cash, the lender won't go for it anyways.

The all cash deals crack me up. Pay more than asking price and pay in cash. No house is worth that to me.

Not in Lafayette, but we just closed on a house 2 and a half weeks ago. It took me a year to find the type, size, location, and price house I wanted. And it was a FSBO where we knew the owner.