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re: Bad idea to buy a new house right now?
Posted on 9/9/22 at 2:05 am to Arkapigdiesel
Posted on 9/9/22 at 2:05 am to Arkapigdiesel
quote:
From most indications, home prices will not be declining. But the rate of increase has slowed. There is still more demand than supply for houses.
Prices are already coming down and demand is at like a 22 yr low---not sure what metrics you guys are looking at.
Even during the '08 crash, it was the cumulative decrease of 1-2% per month that totaled up to be a crash.
We're just in the beginning of this thing--this is like late 2006 we're seeing now---just wait.
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