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Real Estate
Reply to "I am a buying shark and watching desperate sellers, here's what I see and am doing"
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[quote=Anonymous]The desperation among sellers really has picked up in the past couple weeks. Price drops everywhere, listings that had been removed from the market coming back on, tons of open houses. I think the interest rate increase a couple of days ago was a huge wake up call. As a buyer, it has certainly forced me to reevaluate what I can comfortably afford. Unless you have to buy now, it really does seem worth waiting a bit longer because it is now abundantly clear that prices are not going to continue to go up. It feels like buying now means paying peak prices plus having a terrible interest rate -- which is the worst possible scenario.[/quote]
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