06-28-2022, 04:37 AM
(06-27-2022, 07:54 PM)Bengalzona Wrote: We bought at $199k in 9/20. We did a cash-out refi in 11/21 based on appraised value of $470k (figured it might be a good time to pull the equity and stash it with rate hikes on the horizon). The few local sales of similar homes are now sort of stalled around $530K. I suspect they will be going down from here. It's not reasonable or affordable for the area.
I also live in AS, and the price increase in houses even withing just a year have priced me andy wife out of buying. Hell even our rent on our apartment, just a 1200sq ft 2 bedroom, has gone up from 980 to 1460 in 2 years. Housing in general is insane here atm.