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Real Estate
Reply to "Overpaying on a house - how are you justifying it?"
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[quote=Anonymous][quote=Anonymous]Felt like I overpaid for a house in 2021 with a 2.75 rate. Now my house is worth probably 500k more at today's rates. It's all relative. But plan on prices going nowhere but up. [/quote] Yup, we bought our house in 2021 and I 100% felt like we overpaid. Because we absolutely need a place to live and had to be out of our old house in a matter of weeks. So we were aggressive in our bids, but there was definitely immediate buyers remorse and a feeling that we seriously overpaid. Fast-forward only 3 years and house has appreciated much like PPs (probably closer to 350k, not 500k, but still). At the end of the day, you need a place to live. Ideally for a long time, to raise your family. Worry less about overpaying, and more about getting the right place[/quote]
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