Reply to Will DC housing prices rise if/when Fed cuts rates in September?

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Reply to "Will DC housing prices rise if/when Fed cuts rates in September?"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Prices are already up now from January when we first started looking. There’s no reason to think they’ll go down in the immediate future.[/quote]

There are lots of reasons — the election, inflation, a stock market bubble, commercial real estate perhaps taking down banks, a black swan event etc. You might not find the reasons to be compelling but that doesn’t mean they don’t exist. [/quote]

Those are highly unlikely scenarios.  It is FAR more likely that our economy will stay strong, inflation will continue to fall, and the Fed will have multiple rate cuts, the first of which should be in Sept.

Sure, something totally unexpected could happen but decisions should be based on facts, data, and likely scenarios.  The most likely scenario is that housing prices will rise when rates start to drop. [/quote]

I didn’t know market crashes could be predicted with such certainty. You must be a billionaire based on your ability to predict them. [/quote]

I see we've found one of the hordes who have been certain there would be crash "any day now" for the past 15 years so that they can finally pounce on the market. The evidence for it to happen is always, of course, "because I want it to".[/quote]

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