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Posted on 5/14/24 at 7:57 am to oneg8rh8r
quote:
Dollar is about to get devalued as more countries shite can the dollar and all of those dollars come back.
Not yet. There's no competitor to the USD on the international market. The USD has lost a bit of ground as the primary world reserve currency over the last 20 years, but it still makes up well over half of all international transactions. That means it's used more than all other reserve currencies in the world combined.
Some other currency (or Frankenstein conglomeration of currencies) may end up being an alternative decades from now, but we're nowhere near there yet. Still, with the way the federal government and the consumer are creating shittons of USDs through debt creation, it's only a matter of time unless something changes.
Posted on 5/15/24 at 10:35 am to Saunson69
Don't listen to this guy, he doesn't know what he's talking about. Median housing price has already dropped 10%+ in the last 1 year. It's doing exact opposite.
Now is not the right time to buy. Let it continue to go down.
Median house price in US
______________
OP shared he is in an accelerating market. Local factors more important than US trends in real estate.
Now is not the right time to buy. Let it continue to go down.
Median house price in US
______________
OP shared he is in an accelerating market. Local factors more important than US trends in real estate.
Posted on 5/15/24 at 11:08 am to fareplay
quote:
Also to further provide info: this is a very expensive area and have gone up 60%+ within past 1 year so even more concerning
In Kirkland? We have a place in that area we are planning to sell next year. I haven't seen anything close to those numbers. Are you shopping a specific neighborhood or something?
I do think that if you want to buy in that area, it will be a good appreciation market. I think the best time to buy would be yesterday. There is no room to build anything there. Although Google isn't expanding as much as expected in Kirkland, so that could halt things a bit.
Posted on 5/15/24 at 11:25 am to KennytheTiger
quote:
Now is not the right time to buy. Let it continue to go down
Bold strategy cotton
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