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Reply to "Anybody else extremely depressed over real estate?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]One has to ask, how many of the posters now lamenting their failure to buy earlier didn’t buy because they thought prices would fall. Just last summer, this forum was filled with threads about how interest rate increases would bring prices down 20 percent or more. Trying to time the market is always a fool’s errand.[/quote] This 1000%. I remember those posters, gleefully stating that anyone who were buying at the “inflated” 2021 prices were dumb, stupid and foolish. Now, some of them are on this thread complaining and in need of understanding for missing the boat. [/quote] The gleeful posters could still be right. No one really knows. Just get a home you like that you can afford, don't think about trying to time the market[/quote] People on here have been calling this market a bubble since 2012. At some point you need to give it up.[/quote] A broken clock is right twice a day. On a side note another nugget of "wisdom" from DCUM is to just buy the house nobody wants (including you!) because it has "cosmetic" problems. Cosmetic lol. My good friend did this and thought she was being so clever. But that house has proven to be a massive money pitt, starting with major foundation issues.[/quote]
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