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Every time I passed on a real estate purchase because the price was too high...
Posted on 10/12/23 at 10:56 am
Posted on 10/12/23 at 10:56 am
I've looked back a few years later and said I wish I would have bought that. All of you complaining and waiting will only be in a worse situation down the road.
20
Posted on 10/12/23 at 10:57 am to sidewalkside
quote:
Every time I passed on a real estate purchase because the price was too high...
Price combined with Biden's current interest rate makes a lot of properties unbuyable right now.
Posted on 10/12/23 at 10:59 am to sidewalkside
I don’t get the hesitation in the market currently. If you’re waiting on interest rates to drop, what do you think housing prices will do when that happens? You can always refinance to a lower rate later if rates drop, and if rates keep going up, you’re better off with the lower rate you have now.
Posted on 10/12/23 at 11:00 am to sidewalkside
Just give chicken money to run an add for your real estate agency.
Posted on 10/12/23 at 11:01 am to sidewalkside
What realty agency do you work for?
Posted on 10/12/23 at 11:02 am to sidewalkside
You are making an argument that expensive real estate always appreciates fast, which is a foolish argument. Even if your missed opportunities appreciated di they do so faster than what you could have made in other investments?
Posted on 10/12/23 at 11:05 am to sidewalkside
The bigger problem in SELA than the price or the interest rates is the damn homeowner and flood insurance (depending on your flood zone of course) are higher than giraffe nuts. I'm paying way more for the insurance and property taxes than my mortgage every month.
This post was edited on 10/12/23 at 11:06 am
Posted on 10/12/23 at 11:06 am to sidewalkside
Just keep your head up, you'll get your break
This post was edited on 10/12/23 at 11:11 am
Posted on 10/12/23 at 11:08 am to sidewalkside
totally disagree
Posted on 10/12/23 at 11:14 am to sidewalkside
What’s your commission?
Posted on 10/12/23 at 11:31 am to sidewalkside
Just because people are passing on real estate right now doesn't mean they'll be in a worse situation down the road. That's an absurd thing to say and you are retarded.
Posted on 10/12/23 at 11:31 am to sidewalkside
"I'm not making any commissions right now because people aren't buying. Buy now and ignore high rates!" - sidewalksale
Posted on 10/12/23 at 11:31 am to sidewalkside
If I invested instead of buying in 2007 I’d be at least $150k richer.
Posted on 10/12/23 at 11:44 am to sidewalkside
Thinking of taking the plunge. I am happy with the location and size. I ran the numbers and am happy with the monthly payment. Figure just get in there and stop renting, also can’t cry about woulda, shoulda, coulda.
Posted on 10/12/23 at 12:02 pm to sidewalkside
Same for me
I walked away from several that I thought were ridiculous and now they are double
I walked away from several that I thought were ridiculous and now they are double
Posted on 10/12/23 at 12:08 pm to sidewalkside
Another boomer brag thread
At least y’all had the opportunity to buy a house. Nowadays if it’s looking like a millenial is going to buy a house the realtor calls blackrock and they buy it instead. Hopefully we’ll get more millineal representation in government and finally end gen crow
At least y’all had the opportunity to buy a house. Nowadays if it’s looking like a millenial is going to buy a house the realtor calls blackrock and they buy it instead. Hopefully we’ll get more millineal representation in government and finally end gen crow
Posted on 10/12/23 at 12:52 pm to sidewalkside
Me too and I’m tired of it. I’m pulling the trigger on a flip
Posted on 10/12/23 at 1:27 pm to sidewalkside
So you're a realtor then....
Posted on 10/12/23 at 1:59 pm to sidewalkside
We bought our first house in 2007 and sold it for less than we paid for it 8-9 years later.
We'd have ultimately been good if we could have stayed in it for 13-15 years, but we needed to move.
We'd have ultimately been good if we could have stayed in it for 13-15 years, but we needed to move.
This post was edited on 10/12/23 at 3:25 pm
Posted on 10/12/23 at 3:29 pm to sidewalkside
Ok, I'll bite. Send me the Zillow link to your house that you're trying to sell. My guess is you have it listed based upon last year's crazy market and you can't understand why no one wants to buy yours today.
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