It does end. We finally after about 6 or 7 failed offers end up in a nice home.
Keep in mind though we did have to essentially pay more than the appraised value of the house to get our offer accepted, which does eat into our equity a little bit.
The market is just weird right now. We could see another 2008-2009 style crash, or the money printers could just inflate prices higher and higher as soon as interest rates drop. Who fucken knows.
We bought a house that we could conceivably live in for 10 years to weather a bad market, rather than a smaller, cheaper house that we might outgrow immediately if we pop out another kid.
Z's Zingers / Z
npub18ep…2h9c
2023-12-22 16:43:37
in reply to nevent1q…x2tr
Author Public Key
npub18epc88d9nw75f940wvrtmd4mslfswy54k3k97nlcvgwr0p754qnqpt2h9cPublished at
2023-12-22 16:43:37Event JSON
{
"id": "09c59ed9408df26ed9c5432fc86b1416fdfdccd75b2c5fd597f05313b14c9d54",
"pubkey": "3e43839da59bbd4496af7306bdb6bb87d3071295b46c5f4ff8621c3787d4a826",
"created_at": 1703259817,
"kind": 1,
"tags": [
[
"e",
"852f07a3284b2b7ae6a7dda3010b7f24f719287408499724ccbfe7d78e836a1a"
],
[
"e",
"42218e3a99865119db3bc29bad82f8a35518b3b39d5543dee657842e9e8a1218"
],
[
"p",
"f4d89779148ccd245c8d50914a284fd62d97cb0fb68b797a70f24a172b522db9"
],
[
"p",
"f4d89779148ccd245c8d50914a284fd62d97cb0fb68b797a70f24a172b522db9"
]
],
"content": "It does end. We finally after about 6 or 7 failed offers end up in a nice home. \n\nKeep in mind though we did have to essentially pay more than the appraised value of the house to get our offer accepted, which does eat into our equity a little bit. \n\nThe market is just weird right now. We could see another 2008-2009 style crash, or the money printers could just inflate prices higher and higher as soon as interest rates drop. Who fucken knows. \n\nWe bought a house that we could conceivably live in for 10 years to weather a bad market, rather than a smaller, cheaper house that we might outgrow immediately if we pop out another kid.",
"sig": "9ed13e60252a7e75cb8734235ec44b0db61cce67d95d78cfccd28b0061a727c9c35a7640145cd0326921af929267b2e1873e2a7ea1c2565d52ce7c19c078b75f"
}