What do you see the repercussions being in the US real estate market at the macro and micro level? I’m in a hot area at the moment, but comparative to other areas of the USA prices are still attractive. People are flooding into my area because of the low taxes and prices. Sadly mostly are blue-haired liberals moving into my specific area although my state (NC) is mostly red. I’m currently shopping for a second home (I rent the other home) and I’m considering waiting 6-12 months to see if things cool down in my area. Right now it’s a sellers market with nearly all single family homes selling for over asking with multiple offers.
What do you see the repercussions being in the US real estate market at the macro and micro level? I’m in a hot area at the moment, but comparative to other areas of the USA prices are still attractive. People are flooding into my area because of the low taxes and prices. Sadly mostly are blue-haired liberals moving into my specific area although my state (NC) is mostly red. I’m currently shopping for a second home (I rent the other home) and I’m considering waiting 6-12 months to see if things cool down in my area. Right now it’s a sellers market with nearly all single family homes selling for over asking with multiple offers.