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re: How much home can I afford?
Posted on 1/11/22 at 11:47 am to Chucktown_Badger
Posted on 1/11/22 at 11:47 am to Chucktown_Badger
quote:
Obviously no one can predict the future, but I wouldn't be chomping at the bit to buy right now with real estate prices really inflated. I'd wait a bit for supply to catch up to the demand and prices to come back to earth a bit.
What is the general consensus on when/if this will even happen?
I plan to buy 1H2023, and I'm afraid it'll never really slow down, at best flatline briefly.
1
Posted on 1/11/22 at 1:15 pm to thegreatboudini
quote:
I plan to buy 1H2023, and I'm afraid it'll never really slow down, at best flatline briefly.
Idk, but I'm in the same boat. My plan is to purchase a decent 2br condo within the next 6 months so that I'll have some skin in the game. Then I'll be looking at buying a family-sized 3 or 4 br house by 2025 to start a family in and will rent out the condo. If prices crash, great--my 3 or 4 br will be cheap. If prices go up, at least I didn't continue sitting on the sidelines and my equity in the condo should increase.
This post was edited on 1/11/22 at 1:21 pm
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