Moving Thread

[SunnySide]

Originally Posted by sdskinsfan2001

I'm in a very fortunate situation due to unfortunate circumstances. Both of my dad's parents recently passed away (my grandma more recently). They lived in Walnut Creek, CA for a long time. That is one of the more expensive areas up there. So between the money they had saved and the insane equity in their townhome that was sold (they had this mortgage more than paid off), my dad and his 2 siblings all received a pretty large inheritance. My parents are actually going to buy the place with a cash offer up to X amount. I will then just pay the HOA, taxes, utilities, etc. So the interest rates currently won't affect my expenses.

brother ... strike while the iron is hot then. Sorry about your grandparents.

You should have a pretty non-competitive market, low demand bc of int rates.

I know nothing about real estate or markets, but I casually track houses in MD and the prices are dropping and I think they are going to drop some more.

I looked at 6-7 homes on zillow yesterday .. every one had a prince drop in past few months.