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      02-18-2021, 06:18 PM   #46
RickFLM4
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Drives: M4
Join Date: Jul 2015
Location: PB County, FL

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I’m so glad we locked in the price of our Asheville condo in 2018, which is probably up 30% on paper, and still a relative bargain compared to some other buildings so I think it has room to continue if favorable conditions persist. And I thought we waited too long to buy there when we finally did.

Also seeing prices of new listings in our FL neighborhood spike over the last month. I hope they all get their asking prices. It’s all on paper for us since we aren’t selling either property, but prices in our FL neighborhood still haven’t gotten back to 2007-2008 so again I think there is room.

There was another thread 6-9 mos. ago where someone was saying they were going to wait because they just knew prices were about to drop... suggestion: don’t try to time the market if making a long-term purchase. Yes, things will cool off at some point, but it shouldn’t matter for a long term purchase.
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