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Reply to "When will these prices slow down??!!"
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[quote=Anonymous]I stretched a bit when I bought mine - my max was $550K (one income) and I ended up buying at $560K because I saw a great house for $575K and made an offer of $560K, which they accepted. (I put $150K down.) The interest rate was low, and I was able to refi when they dropped. The house has appreciated by almost $200K since then, so I'm really glad I stretched, even if I sometimes think it would be nice to go on vacations and stuff. [/quote]
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