What’s your thoughts on buying property? I live in Eastern,PA and we have been wanting to move and could easily but my parents and family are all here. My sister just passed away and my parents are 80 years old and need us nearby.
We thought of moving and having them come with us but they refuse because all their doctors are here along with family. That’s when we thought to buy property in WV or KY as it’s less expensive but is at a historical high right now. Thoughts?
“That’s when we thought to buy property in WV or KY as it’s less expensive but is at a historical high right now. Thoughts?”
What do you think much higher interest rates are going to do the price of real estate?
Right now is the worst time to buy RE. Wait until it crashes which it surely will. Keep lots of dry powder handy. Strange as it seems in an inflationary time cash may be your best asset, because in trying to fix inflation through higher interest rates all other asset classes will have to come down in price.