Quote:
Originally Posted by lachupacabra
Congratulations! Do you need a real estate agent to buy a house?
Do you think the housing market will crash within a couple of years?
I live in NC and I would like to buy a home but I am scared of the commitment
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Home prices are very high, but that doesn't mean that market is going to crash. It's just wishful thinking. Home prices decrease when you have lot of sellers (or foreclosures) and not enough buyers. Right now the situation is opposite. Very few homes for sale and too many buyers. Also I heard that feds said they will keep interest rates low for years to come so no crash in foreseeable future. Prices will just keep climbing for now.