Submitted by Redsmedsquan t3_zw521k in Connecticut
Gallant_Asshole t1_j1svdez wrote
Under the current economic forecast, it has been suggested that now is not a good time for large purchases. I'd suggest getting an apartment and deciding at the end of 2023.
Redsmedsquan OP t1_j1sxnkj wrote
That’s the plan here anyway
buried_lede t1_j1tq8kw wrote
It’s so hard to know. RE prices are still going up here, while hot areas like AZ are going down
IndicationOver t1_j1t2ivx wrote
1234nameuser t1_j1u53fb wrote
that article literally states 3 reasons to not buy right now, the exact opposite of it's headline
1.) catching a falling knife
2.) buying immediately after the peak
3.) record low inventory + record low sales = unstable prices
IndicationOver t1_j1v3byd wrote
I read every article before I post it on reddit.
If that is how you summed its up, okay.
phlaug t1_j1yty1i wrote
Including the final paragraph? “So does that mean moving would be the best move? Between housing prices and mortgage rates, let’s see how the economy moves first.” The last line is literally “wait and see”. 1234nameuser’s take > yours
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