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re: Where to park money from home sale
Posted on 8/5/22 at 4:48 pm to 23parker
Posted on 8/5/22 at 4:48 pm to 23parker
LINK
Outside of a 2008 type situation, home prices aren’t going to drop, at least in any significant amount. The best case you could probably hope for is the rate of increase to slow.
You’re going to be waiting longer than you think. Odds are, you will never get a better price than what you’re currently seeing.
Good luck
Outside of a 2008 type situation, home prices aren’t going to drop, at least in any significant amount. The best case you could probably hope for is the rate of increase to slow.
quote:
Plan is to sell house and wait out the market, as long as needed.
You’re going to be waiting longer than you think. Odds are, you will never get a better price than what you’re currently seeing.
Good luck
2
Posted on 8/5/22 at 5:06 pm to iAmBatman
I disagree as someone with a home on the market that I’ve had to reduce 3 times.
Houses are not moving much right now. I don’t expect drastic changes, but it seems something’s gotta give if people want to sell…
Houses are not moving much right now. I don’t expect drastic changes, but it seems something’s gotta give if people want to sell…
Posted on 8/5/22 at 5:21 pm to iAmBatman
quote:
home prices aren’t going to drop, at least in any significant amount.
Correct. We are still years away from having adequate inventory. Home prices may not appreciate like they have the last couple of years, but they should still increase yearly at 3-5 percent.
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