Submitted by mommy2boy t3_10l3nk4 in RhodeIsland
BingBong022 t1_j5vo6l7 wrote
Crash? That doesn't make sense. Look at inventory, prices aren't falling even though demand has gone down but supply is incredibly low. Very few people are selling. Prices have stalled out meaning they aren't rising as fast as they were the past 5 years. Only way waiting makes sense is based on the belief that if you are financing you expect interest rates to fall this year or next. I'm so glad I bought my home in 2018 and was able to build equity, cash it out and use it to buy a second home. Now I rent out my first property
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