asianautica, yeah, I understand your argument about fundamentals and I think you understand mine too.
In my area and A LOT of areas, with prices falling like they are, I’m not going to advocate for anybody to go out and buy a house TODAY unless they don’t care about losing money. My point is you buy today OR you buy 6 months from now and save 50K. What’s the problem? Yes, this is in my area, this is in a LOT of areas across the country. No, I don’t have a crystal ball but this appears to be the direction housing is heading in.
Yeah, I know about the dangers of dropping interest rates and I don’t think the Fed’s gonna raise them that quickly.
