03-22-2020, 11:50 AM
I've been looking for a 2nd house (cabin, really) to use on weekends and for rental when not in use.
I think there will probably be some deals to be had this spring - if (big if) people want to sell - they may opt to hold and ride it out, I know I would. And the air bnb rental market may be shit if people are laid off or worried about it. I feel like I'm hunkering down here because I dont know what's going to happen in the housing market 6-9 months out, and no housing market means I dont know if I'll be employed. In the short term the refi backlog is fucking huge, but past that? Who knows.
I think there will probably be some deals to be had this spring - if (big if) people want to sell - they may opt to hold and ride it out, I know I would. And the air bnb rental market may be shit if people are laid off or worried about it. I feel like I'm hunkering down here because I dont know what's going to happen in the housing market 6-9 months out, and no housing market means I dont know if I'll be employed. In the short term the refi backlog is fucking huge, but past that? Who knows.