Quote:
Originally posted by thetrog
Sorry, but you don't know what you are talking about.
It's a seller's market, not a buyer's market. All lower interest rates have done is drive up prices and create a seller's market.
Personally, I'd wait for the real estate market to go back down, which will be inevitable when interest rates rise. Even foreclosures tend to be overpriced these days.
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Ditto on this, at least in my area.