- Apr 30, 2010
- 69,729
- 106,420
That's dope.
Home Buying & Real Estate Thread
- Thread in 'General' Thread starter Started by TYE_The Time Traveler,
- Start date
MakeNTGreatAgain
Supporter
- Aug 5, 2017
- 8,825
- 9,343
bruh why i think those r onion ringsSpeaking of 2020 and Southern California– salute to all y’all who didn’t have no handouts along the way and made it on your own. I respect whatever it took for you to get here especially the ones who did it single
I know the sacrifices
Can’t believe it’s been 3 years already, beyond thankful everything fell into place how it did
- Nov 5, 2012
- 80,694
- 55,639
That sounds amazing rn
- Mar 31, 2011
- 73,074
- 117,382
Everything is still getting multiple offers around here, but the rates have definitely scared off some buyers. So you’re likely only competing with a couple other buyers for a property instead of 10+. Will be a bloodbath if/when rates dip back down into the mid 5-low 6 range.
If you have the money saved up and can afford the payment, it really isn’t a terrible time to jump in now and begin building equity.
Depending on how long you plan on living in the home, you could always refi if/when those rates do come down.
- Sep 20, 2007
- 13,236
- 14,711
What are those if not onion rings
sneakaprince
Supporter
- Apr 29, 2007
- 16,590
- 20,410
I hate to say it but this is a good time to consider ARM loans. The rate we're beating 30 year fixed rates and hopefully the economy is better in 5 years and the refinance will be easy enough.
MakeNTGreatAgain
Supporter
- Aug 5, 2017
- 8,825
- 9,343
idk but i know onion rings aren't packed in plastic, they gotta breathe!
- Feb 5, 2013
- 39,431
- 40,981
Y’all ain’t ever seen cookies
- Sep 20, 2007
- 13,236
- 14,711
You’re gonna look me dead in my eye sockets and tell me you didn’t think those were onion rings at first glance?
mplsdunk
Supporter
- May 25, 2004
- 30,367
- 40,981
looks like fried green tomatoes to me.
- Feb 5, 2013
- 39,431
- 40,981
You got that right bud
- Jun 22, 2018
- 5,267
- 6,482
You got anymore of what you were smoking
cs02132
Supporter
- Nov 1, 2007
- 13,123
- 13,489
This is amazing. Beautiful af
- Oct 28, 2013
- 42,769
- 178,624
- Feb 7, 2016
- 13,286
- 10,780
- Sep 20, 2007
- 13,236
- 14,711
Seen a few TikTok’s now I guess rates are projected to start dropping in the next year.
Feel like we’ve heard this before but also feel like it may be time for things to simmer a bit.
If rates drop though isn’t that just going to jump prices and cause a feeding frenzy for all those who missed the train a few years back?
Feel like we’ve heard this before but also feel like it may be time for things to simmer a bit.
If rates drop though isn’t that just going to jump prices and cause a feeding frenzy for all those who missed the train a few years back?
- Aug 10, 2003
- 26,255
- 19,683
thats why I wouldnt even consider flipping my place... even if I sell for profit the interest rates are ridiculous right now...I was lucky to get below 3 for my APR in 2021...
- Jul 13, 2005
- 35,415
- 27,028
Seems like we'll have a much higher supply now with more AirBnb bans going into place.
- Oct 28, 2007
- 13,386
- 6,664
Lol my buddy bought his house in 2011 for 180k.. he refinanced at 2.8% in 2021 homes on his street sell for 700k+
really happy for him
- Mar 22, 2003
- 28,991
- 17,662
The kids born in 90, 91, 92 and 93 is the largest population surge in history (bigger than the baby boom).
Rates come down, supply will dwindle now that they have cash and are prepared to buy.
Rates come down, supply will dwindle now that they have cash and are prepared to buy.
- Feb 5, 2013
- 39,431
- 40,981
MakeNTGreatAgain
Supporter
- Aug 5, 2017
- 8,825
- 9,343
no cap
- Mar 22, 2003
- 28,991
- 17,662
Eye mean everyone I know that age is ready to go - just waiting on rates or so they say.
If you want to call them liars, idk what to tell you
Millennials now have the most wealth in America.
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- Sep 20, 2007
- 13,236
- 14,711
My head hurts after reading that, then thinking of my millennial friends who half live at home with their parents and can’t afford an apartment or to make a car payment, and the other half just recently moved into their own apartment but their biggest priority is finding a girlfriend and that is proving to be a massive task.
Most millennials I know aren’t ready for a home purchase, financially or life stage wise. I think the idea of owning their own house obviously sounds amazing but they don’t know the first thing about buying a home.
Most millennials I know aren’t ready for a home purchase, financially or life stage wise. I think the idea of owning their own house obviously sounds amazing but they don’t know the first thing about buying a home.
- May 31, 2007
- 4,891
- 3,429
It makes me cringe when I hear prospective buyers waiting on a “crash” or rate drops. If you have the cash and there is a property you like then buy now. Do an ARM, buy points, plan to refinance later, etc. There are things you can do to limit the damage of high rates today.
The sub 3% rate is something we’ll likely never see again in our lifetime. Relying on pure speculation on one of if not the biggest purchase of your life doesn’t sound wise to me.
The sub 3% rate is something we’ll likely never see again in our lifetime. Relying on pure speculation on one of if not the biggest purchase of your life doesn’t sound wise to me.
