Frustrated with housing market - My husband and I have been looking for a house for over 2 years. Initially, the problem was houses were flying off the market for 30k-40k-50k++ over asking and we just couldn't financially compete with that. Then interest rates kept going up and up and it was hard to see our future mortgage payments go up and up when we knew the house we were looking at wasn't actually worth that amount of money. Now it feels like we are running into an inventory problem where either houses are wildly out of budget or are complete tear downs, thus nothing decent in our budget. We have been pre-approved and we are ready to go, but I just don't know what the next smart step is. We are currently renting but our landlord has been hinting at wanting to offload the space (aka sell) we live in as he's tired of paying the taxes on it.
It has been such a frustrating process, as we are both in our mid-30s, both work full time jobs, both college educated, have done everything including saving and minimizing debt, but it just seems like we can't figure this house thing out. One of my big fears is becoming house poor too.
Any words of wisdom? Ideas on smart moves to make?
Berkshire is hoarding so. much. cash.
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
#ASX:ASN Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
