You are literally shopping for houses at one of the worst time in the real-estate market.

Do not buy a house right now, if at all possible.

The Fed is hiking interest rates to counter inflation, this is going to occur every quarter, for the next few years.

Do not risk your cash being tied up in a high interest mortgage, ontop of an overpriced home. Wait for prices to normalize in the next few years, I would assume around election time, but it can happen at any point.

Houses WILL come down in price once the money supply stops flowing into the market. That’s the best time to buy, wait for the discounted homes, do not buy at the top of the market.

The people who buy high interest loans will be deperate to sell once the market falls to escape the high mortgage costs…

Relieve them of their pain with your cash!

submitted by /u/FuzyWazaBear1
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Do not buy a house right now, if at all possible. The Fed is hiking interest rates to counter inflation, this is going to occur every quarter, for the next few years. Do not risk your cash being tied up in a high interest mortgage, ontop of an overpriced home. Wait for prices to normalize in the next few years, I would assume around election time, but it can happen at any point. Houses WILL come down in price once the money supply stops flowing into the market. That’s the best time to buy, wait for the discounted homes, do not buy at the top of the market. The people who buy high interest loans will be deperate to sell once the market falls to escape the high mortgage costs… Relieve them of their pain with your cash! submitted by /u/FuzyWazaBear1 [link] [comments]

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