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to brighten up future homeowners days
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Re: to brighten up future homeowners days
hmmm... 6%? I think it needs to go down more than that to make any less than insane prices. Lets see... if you had a $500,000 house that went down in value 6%, that would make it $470,000. Still way too much in my book. But maybe thats a sign of things to come, so maybe in 5 years we can own a house!
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Re: to brighten up future homeowners days
You soo totally brightened my day with that. Houses in Nassau County where we live are nuts.
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Re: to brighten up future homeowners days
Albuquerque is on the top ten for Bubble Blowers....18% increase in appreciation last year![]()
That means when FH comes home we need to buy a house pronto to make some mula![]()
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Re: to brighten up future homeowners days
Its just so crazy the prices of houses these days.
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Re: to brighten up future homeowners days
I saw that article and then realized that as the prices of homes drop interest rates usually rise, so at the end of the day, you may be in the same place.
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Re: to brighten up future homeowners days
this information was really good. One of the areas that I want to move in NJ looks like prices will go down there.
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Re: to brighten up future homeowners days
Posted by GrkItalWedding
I saw that article and then realized that as the prices of homes drop interest rates usually rise, so at the end of the day, you may be in the same place.![]()
yeah but you can always refinance for a lower rate when the rates go back down.
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Re: to brighten up future homeowners days
Posted by afrodyt2000
Posted by GrkItalWedding
I saw that article and then realized that as the prices of homes drop interest rates usually rise, so at the end of the day, you may be in the same place.![]()
yeah but you can always refinance for a lower rate when the rates go back down.
True - but aren't there various fees (i.e., administrative) that you have to pay when you refinance?
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Re: to brighten up future homeowners days
I saw this article this morning and sent it to my FH.. he was so psyched!! ![]()
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Re: to brighten up future homeowners days
Posted by GrkItalWedding
Posted by afrodyt2000
Posted by GrkItalWedding
I saw that article and then realized that as the prices of homes drop interest rates usually rise, so at the end of the day, you may be in the same place.![]()
yeah but you can always refinance for a lower rate when the rates go back down.
True - but aren't there various fees (i.e., administrative) that you have to pay when you refinance?
I'm not exactly sure of all the fees but my mom just did this and she's very happy with her new rate and lower mortgage payments and she just bought her house like 2 years ago.
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Re: to brighten up future homeowners days
I still think it is going to be sooo hard for us to afford something here
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Re: to brighten up future homeowners days
You know what I ![]()
for...
A huge bust....I MEAN A HUGE ONE!
Then maybe we could come live in NY sooner![]()
A huge bust....I MEAN A HUGE ONE!
Then maybe we could come live in NY sooner
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Re: to brighten up future homeowners days
well i guess thats some good news!
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Re: to brighten up future homeowners days
Finally, some good news...
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Re: to brighten up future homeowners days
Absolutely Nina. It'll be an investment property. That would be awsome.
Posted by Nina
Albuquerque is on the top ten for Bubble Blowers....18% increase in appreciation last yearThat means when FH comes home we need to buy a house pronto to make some mula
![]()
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Re: to brighten up future homeowners days
Some hope
