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| What's your strategy for 2018? |
| Buy before rates go up |
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0% |
[ 0 ] |
| Make prudent offers but refrain from bidding wars |
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50% |
[ 1 ] |
| Sit out 2018 and wait to see if a price correction unfolds in coming years? |
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50% |
[ 1 ] |
| Others |
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0% |
[ 0 ] |
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| Total Votes : 2 |
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| Author |
Message |
RealEstateCafe
Joined: 11 Dec 2007
Posts: 235
Location: Cambridge, MA
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 Posted: Tue Feb 27, 2018 6:27 pm GMT Post subject: Shock from rising interest rates & new tax law in 2018 |
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Breaking news: The Chairman of the Federal Reserve says he plans to continue plans to raise interest rates this year. Some economists & others fear interest rates may ultimately rise again over 6%.
Should homebuyers in Boston & beyond try to time the housing market? What's your strategy -- buy before rates go up, make prudent offers but refrain from bidding wars, sit out 2018 and wait to see if a price correction unfolds in coming years?
The housing market could be in for a shock from rising interest rates and the new tax law
http://bit.ly/iRateShockRE
+ + +
INVITATION: Attending panel on Housing in Boston tonight, and meet afterwards for #REonTap? See tweet for details:
https://twitter.com/RealEstateCafe/status/968254957832024064
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The Real Estate Cafe
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Elrond
Joined: 27 Feb 2013
Posts: 48
Location: Boston, MA
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| Posted: Wed Feb 28, 2018 2:10 pm GMT Post subject: |
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| I'm expecting a price correction in the next 1-3 years. It has been tough to sit on the sidelines but I think that it was the right choice. |
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RealEstateCafe
Joined: 11 Dec 2007
Posts: 235
Location: Cambridge, MA
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RealEstateCafe
Joined: 11 Dec 2007
Posts: 235
Location: Cambridge, MA
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