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user-inactivated · 2934 days ago · link · · parent · post: A Question of Neighborhoods and Waverunners
The market is going to slow down as interest rates climb. As rates climb the people with adjustable rate mortgages that were borderline able to buy will have to either sell.... NOW or get foreclosed on. This is about where we were right before things got exciting in 2007.
If you are in a good place, like the area, and don't need to move? Save like a mother fucker, know the value of the areas you want to live in, and start to look for deals at the end of the year.
I'm just some dude, not a prophet, not a financial advisor so take that for what it is worth.