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SVTPerformance's Chain of Restaurants
Road Side Pub
Thoughts on Real Estate- bubble burst or not?
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<blockquote data-quote="rborden" data-source="post: 16705593" data-attributes="member: 160221"><p>Demand is high. Supply is low. If you can complete the transaction on both ends within 6-9 months, I’d do it. </p><p></p><p>You can sell your home and rent a place until it’s time to close, but I’d have it written into your contract that the builder needs to stay on schedule. </p><p></p><p>The good thing about the housing economy right now is its being backed by large down payments and no subsidizing of sub-primes like there was in 2007-2009. There’s a lot of stability and the housing economy is very strong. </p><p></p><p>Take advantage while the market is hot. </p><p></p><p>[URL unfurl="true"]https://www.ramseysolutions.com/real-estate/housing-market-forecast[/URL]</p><p></p><p></p><p></p><p></p><p>If you buy another primary residence within 2 years I believe capital gains doesn’t apply.</p></blockquote><p></p>
[QUOTE="rborden, post: 16705593, member: 160221"] Demand is high. Supply is low. If you can complete the transaction on both ends within 6-9 months, I’d do it. You can sell your home and rent a place until it’s time to close, but I’d have it written into your contract that the builder needs to stay on schedule. The good thing about the housing economy right now is its being backed by large down payments and no subsidizing of sub-primes like there was in 2007-2009. There’s a lot of stability and the housing economy is very strong. Take advantage while the market is hot. [URL unfurl="true"]https://www.ramseysolutions.com/real-estate/housing-market-forecast[/URL] If you buy another primary residence within 2 years I believe capital gains doesn’t apply. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Thoughts on Real Estate- bubble burst or not?
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