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Depends a lot on the city where you want to buy but more generally I think the current frenzy will ease out a bit once covid restrictions are done with, interest rates go slightly higher and there is more inventory in the market. I dont have any data suggesting this but I feel a lot of home owners are not selling at the moment because they would too need to pay a much higher price for their next home. But there is some contrary evidence too where some owners who want to downsize or move away from an urban area are looking to cash out big.


First time home buyers are completely boxed out right now. There are people sitting on down payments waiting this out.




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