Since the election I’ve kinda buried my head in the sand to try and stay sane, so I’m not sure what projections are looking like for the real estate market. Unfortunately I need to move pretty ASAP and I’m having the worst luck with rentals.
So, anyone have any advice or an idea of the outlook in the next few months?
I made the decision to buy at a bad time, and it turns out the mortgage rates went much higher than what I bought at. I have no idea if that will happen again, but my mental health absolutely benefited from owning my house over the stress of renting and waiting to find out if I need to move every year again.
Same, mortgage rates were near record high when I purchased but the circumstances were otherwise right. Mortgage ended up being a little over half the cost of renting and won’t go up every damn year, and homes aren’t getting cheaper. Plus there’s the option to refinance in the future if rates drop enough.