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Real Estate
Reply to "Buying a house in next 6 months "
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[quote=Anonymous]I think this depends on what your budget is and what it means to stretch for you. I think the interest rates will continue to rise for a year or more, and then will stay there for a few years at least, and will probably not come down to the pandemic lows for a long time. So waiting a year to buy may be worse, especially since prices now seem to be holding relatively firm in the desirable areas. There is just a lot of money out there, so I don't think prices are going to come down all that much in the close in suburbs and desirable neighborhoods in DC. So my advice would be to pay less and buy this spring or summer. If you can wait until fall, you can get better prices but inventory is so low that it can be tough to find anything worthwhile if you have specific areas in mind. [/quote]
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