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[quote=Anonymous][quote=Anonymous][b]Am I the only one who thinks that houses right now at $600k with interest rates at 3.75% are going to be much lower priced (from a purchase price vantage point - ignoring monthly payment) when rates go higher?[/b] Unless we have significant inflation, wages aren't going to go up enough - prices will have to dip again to keep monthly payment level or increasing on a slower keel, right?

I realize maybe the payment will stay the same, but if you are putting money down, I would think it would be better to buy at a low price when rates are higher?

FWIW we're not trying to time anything - we are looking right now and whatever we buy we're planning to stay in, but I don't think prices are that great now for those reasons.

-Skeptical of agents and everyone saying now is the time to buy - not sure it is...[/quote]

No, you're not the only one but that may be wishful thinking.

Rates aren't going up for at least two years and even when rates were considerably higher, prices were climbing. There remains far more demand for housing than supply and D.C.'s population is increasing rather than shrinking.

In my experience, housing within desireable neighborhoods inside the Beltway will hold their value and then some over the next decade. [/quote]

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