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Still Doin Time
Join Date: Nov 2004
Location: Nokesville, Va.
Posts: 8,225
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Real estate asking prices ARE adjusting to "less than appraised" now. Searching the MLS I see homes where the owners are much more willing to deal.
I made the mistake of buying my first home at the peak in 1989. I was fearing if I didn't buy then (like now) home prices would soon be out of reach. Of course, just over a year later the market collasped. After two years in; the market value was level with very little increase after that. Plus I had a 30 yr fixed and the rate was 10+% believe it or not that was a good deal at the time.
Just don't want to repeat that situation again.
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'15 Dodge - 'Dango R/T Hauls groceries and Kinda Hauls *ss
'07 Jeep SRT-8 - Hauls groceries and Hauls *ss Sold
'85 Guards Red Targa - Almost finished after 17 years
'95 Road King w/117ci - No time to ride, see above
'77 Sportster Pro-Street Drag Bike w/93ci - Sold
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