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re: In the market for a house...

Posted on 5/9/24 at 6:44 am to
Posted by llfshoals
Member since Nov 2010
15584 posts
Posted on 5/9/24 at 6:44 am to
quote:

Over a generation, a house probably is a good investment, but will it harmonize with every possible 3 year time period when I need to move?
If you are in say Huntsville or Tuscaloosa if you’re in Alabama, you should make at least a small amount in 3 years after you factor in the closing costs when you purchased it and any costs of sale you incur when you sell it.

Bessemer or Hueytown, and say you’d need at least 5 years or you’ll do no better than break even.
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