[jzymbaluk]

I've joked since 2014 that I was born at the perfect time (1993) to never be able to buy a house, and this seems to prove that my patience in waiting out the market was not in fact a wise move. Very cool

[chrisco255]

Real estate prices will fall in a high interest rate, cash poor environment. More than most people appreciate. Since real estate is at all time highs relative to median incomes, something has to give.

[test6554]

I'm glad I held off on buying that second beach condo. A couple more months, and I might find something on sale.

[nostromo]

But if you're borrowing to buy you're still hosed -- high interest rates means your mortgage is going to be much, much more expensive.

[ryathal]

Trying to time a market always fails, and a first house isn't really an investment in the traditional sense. It's always the best time to buy first home, from a market perspective. The big factor is picking somewhere you plan to live for 5+ years.