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Real Estate
Reply to "Sold my house in Frb 2023--the worst time in American history to do so"
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[quote=Anonymous]Rates aren’t permanent. If you need to buy a house just do it and refinance as rates come down. I sold a house for less than we paid for it in the 90s. We’d lived in it for a couple of years and then rented it out. Renting was a PITA and caused damage to the house which we had to fix to sell. But the issue was we bought at a peak and the market had dropped like a rock. That’s not at all what happened in 2023 so you will be just fine OP. Heck even if you just put your money in a 5% savings account you did okay. [/quote]
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