Quote:
Originally Posted by Dond1959
Whether your buying new or preowned I would definitely rent for 3 to 6 months, you should be able to get a great deal on a rental. Then take your time in figuring out where you want to live. Real Estate has a tendency to lag the downturn so prices will fall but probably not right away. In 6 months at worse the market will be flat but probably down.
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That is just what I plan to do. Thank you. I agree that housing prices can lag a stock market downturn.
I wonder how the pandemic and its consequences will affect retirement communities.