Quote:
Originally Posted by Nomad9
This shit is depressing as someone who’s finally in a position to buy a first home. I live in Alabama and even here the market is pretty distorted.
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i'm not a real estate/finance expert, but i'd stay out of this current feeding frenzy and wait to buy a home if i were you.
keep renting for the moment and clean-up on the back-end of the coming correction.
i say this as someone who bought his first condo in 2007 (near peak).
and whose wife bought her first condo in 2009 (after the crash).
she
CLEANED UP. i was underwater for the better part of decade.