Sell My House NOW In Case The Value Goes Down?

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[stewbugz]

I'd say stay in your home. I know people who sold their home for a crazy amount and can't find a nice home to buy now! They basically traded in their remodeled home, to only find overpriced and outdated homes in their price range!

[MP]

The supply of houses may stay low, but as inflation rages, the supply of buyers decreases.

[havnt]

Sell it now at over expected value you are more free to move immediately and don't have to wait for it to sell later

[JustinCase]

Let's listen to this again in a year.

[ajossi]

If I sell it doesn't change the fact that I still need a house. I'm gonna stay put and pay off my house.

[richthepup]

I doubt that home prices are not going to dip. We just had people overpaying for homes two years ago. Every built home has inflated glue priced in, eventually those payments are going to bite and folks will sell at losses just to get out

[ThePyleDriver]

Yes sell sell sell! We need to start the panic crash so my family can afford to buy 😜

[AVG]

People act as if stagnation doesn't exist. They think just because home prices won't continue going up that they have to "crash" lol

[eplugplay]

Right now we are in a bigger crisis than 2008, never say never.

[Fedgery]

Glad Dave has a crystal ball.

This depends on where she lives. You can’t just generalize. Real estate is local so it depends on where she lives.

[nellybelly]

Ramsey is ignoring the fact that In his lifetime he never had a pandemic that caused the low inventory and high lumber prices that made homes spike a crazy amount in one year.

[awborgman]

He admits prices could go down in a given neighborhood. Of course! So better to do your homework.

[abrahamflores]

I am glad Dave knows real estate is not likely to crash but at the same time if prices are going to stay high he needs to adjust his mortgage advice so people can actually buy a house in a reasonable amount of time

[mr.financial]

A home you live in is not an investment to me. That's a necessity of life. Everyone needs a place to sleep at night.

[ESponge]

Real estate goes up and down but almost never ever goes down more than it goes up. Add to that metrics now show no sign of housing prices falling

[DigitalRecollections]

Rent on a short term lease (especially a house) is usually stupid high as well as the fees and the cost and time of moving

[timothydillon]

If we have a severe recession they might.

[Cravz]

We just sold our rental house two months ago after the tenants broke the lease, best move we’ve made in years!

[brandonjohnson]

I bought a house a few months ago. Although my house got appraised for 15k more than what I bought it, this topic still gives me anxiety.

[chuckrose]

No one ever brings up transaction costs, moving costs, storage costs and stress. They add up when you move several times.