pweedith
pweedith t1_je5eh02 wrote
Reply to comment by snowthunders in Would you buy a house in RI right now? Why or why not? by TransitionSea9480
Chat sent
pweedith t1_je57xb0 wrote
Reply to comment by snowthunders in Would you buy a house in RI right now? Why or why not? by TransitionSea9480
If you're curious I can connect you with a lender who can answer any questions you have about this program and all the other first time buyer programs available
pweedith t1_je57n68 wrote
Reply to comment by sicksteenein in Would you buy a house in RI right now? Why or why not? by TransitionSea9480
They bought before the grant program existed so the lender did nothing wrong in this instance. Just a case of bad timing.
pweedith t1_je57g4r wrote
Reply to comment by Loveroffinerthings in Would you buy a house in RI right now? Why or why not? by TransitionSea9480
Don't expect prices to really come down much if at all. Interest rates may be up but it comes down to supply and demand. Home construction has been outpaced by population growth for over a decade. This lack of supply is what will keep the housing prices stable right now. And waiting for interest rates to come down just means home prices will go up again. The best thing is to find a monthly payment you can afford and hope to refi in the next few years. Overtime the homes will be worth more, I bought in 2019 and thought prices were high then but it kept going up.
pweedith t1_jd1oeo8 wrote
Reply to comment by nathanaz in What do you do? by Loveroffinerthings
Can definitely speak to the truth of passing down homes in many of the close knit communities. I helped sell a home in Bristol last year and the neighbors on either side had both been there for decades and the family who owned the home was on their third generation!
pweedith t1_jd1nhu9 wrote
Reply to comment by hyperprettyone in What do you do? by Loveroffinerthings
Owning your own home puts you ahead of most people so congrats!
pweedith t1_jd1n4ya wrote
Reply to comment by tibbon in What do you do? by Loveroffinerthings
Work smarter, not harder. If you're doing that well then really no true need to burn yourself out and not get to enjoy the non-work aspects of life
pweedith t1_je5gnzw wrote
Reply to comment by SnooDrawings7662 in Would you buy a house in RI right now? Why or why not? by TransitionSea9480
Zillow is hit or miss. They just use algorithms that don't always factor things in properly and can sometimes use outdated information, especially in a changing market. Also, with spring starting up I feel that those days on market are going to shorten again...as long as the house is priced properly. The ones that sit the longest tend to be priced too high, a properly priced home will sell quick because there is no shortage of buyers looking.