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re: House(s) on the market

Posted on 5/1/21 at 10:02 pm to
Posted by KamaCausey_LSU
Member since Apr 2013
14692 posts
Posted on 5/1/21 at 10:02 pm to
quote:

First-time homebuyers can get crazy good deals. Hell, Biden is talking about implementing a $15,000 first-time homebuyer credit.

Not holding my breath. I'd love for this to pass, but homes we're interested in will probably be priced $30,000 higher by the time this $15,000 credit comes around.
Posted by LSURep864
Moscow, Idaho
Member since Nov 2007
10968 posts
Posted on 5/3/21 at 9:17 am to
Thinking about selling our home and getting about 95k out of the deal. Clearing out 40k of debt. Putting 20% down on some land and renting for a year before building. We like our house but its too small for growing our family right now.

What are the Money Board's thoughts? I realize in a year things could be even crazier but I'd be debt free and a stack of cash in the bank. At some point things will surely cool off right? I'm not saying 08 style crash but supply will have to catch up at some point.

We are in a pretty hot market in the Upstate of SC.

This post was edited on 5/3/21 at 9:26 am
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