HLS, yes I am a Realtor. Are you a renter? You sound like the bitter renters I meet who think homeowners are idiots and get pissed off at your landlord because he has decided to sell and you have to move again.
meow-ouch..Catfight…catfight…
I definitely wouldn't be buying right now. 1) mortgage interest rate is well above the low of 5% days that allowed one to buy a high six digit home, 2)home prices have not fallen enough to offset the rise in a mortgage interest rate. Buying now would be worse than buying in 2004 or 2005 imho, because you get a crappy interest rate and haven't seen a correction large enough to offset that additional interest amount.
Why do some Realtor's always like to throw in…"Renter" card? Wow being a renter is soo bad? The big bad loser renter. There are different reasons to rent and buy at any time. And who really "owns" that home with an outstanding mortgage? Bank? Gessh.. I feel like I just walked into a BMW or Mercedes dealer. IE: arrogant sales pitches stating it's a privilege to drive that POS bangle-butt inspired design BMW or chrysler quality like 1/2 assembled in outside germany mercedes. Worse, I love seeing all the Mercedes and BMW drivers who take out ridiculous 4-5 year leases thinking they "own" a BMW/Mer…That's pretty funny too.
No, I'm not bitter, no I'm not a renter, and no I'm not jealous of people that drive BMW and Mercedes. (Although a bit jealous of those that can afford to drive and maintain things like a 997, M5, R8,).
