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Real Estate
Reply to "Is it a good time to buy now?"
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[quote=Anonymous]The only people who are moving are because they absolutely have to. Divorce, job relocation. Or they can pay with cash. Although if someone can upgrade with cash, they’ll probably hang on to whatever house they have and rent it out. If you have a 3% mortgage like we do, I would never move. For starters, I could never buy my house at the same price I paid in 2019. Even if my house was the same price -which it wouldn’t be, my mortgage would increase by 33%. To find a similar house with slight upgrade I would double my mortgage payment Sadly, our salaries haven’t doubled since 2019. [/quote]
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