Is it a bad time to buy a house in a super hot market like Austin?

likesmart
Posting as :
works at
You are currently posting as works at

It’s always a bad time to buy a house in Austin

likefunny

I’m currently watching what Fed does with the ~3 trillion in agency MBS it has on balance sheet. This will be first time ever that they implement QT of this magnitude. Like someone else said there is a lot of volatility imbedded in rates and prices and until this uncertainty is unwound, unclear what housing will look like. Understanding that supply/demand imbalance could put a floor on prices and sub markets will react differently.

like

Excuse my innocence,what is TDLR

For longterm? No

like

Everywhere right now is bad, unless you have cash.

Alot of people are sticker shock because rates are 6% but houses havennt deopped iin orice even a little

Interest rates are a bit high, and the pending recession might cool off prices and rates. If you are in a transition point then it is almost always going to be better to buy and re-finance, but given the current volatility it could be worth waiting out the next 6-12 months and see if prices or rates improve

Related Posts

This is so reassuring!

Post Photo
likefunny

Any ideas for an end of year team building event? Other than a pizza party?

like

Does any one here work in publishing but on the marketing side? Either for a book publishing company or even magazine publishing? Really interested with how that works and if it’s an area I would be interested in exploring for job opportunities.

like

💠SAP Mega Drive 12th Nov'22 💠
LTI - India

Interested can Dm with job roles and email id to apply

Post Photo

Best biryani in downtown chicago?

like
like

How can i get the welcome kit? HR showed the process in induction, but i am not able to recall. TIA

like

I hate that I’m saying this but I really just want a beautiful watch that is horologically great but just has one pusher that sends a signal to your phone to do one specific task. I can’t tell you how often I’m out and about and I would love to just press a pusher on the side of a Tudor or something and it can’t just tell my phone to Shazam a song or something. I don’t want a screen, I don’t want it to be complicated, I don’t want it to be noticeable. I don’t have the answer, just the desire

like

I was hired as a staffing Manager working from home for a private home care company in California. I love balled myself and asked for 55k which they gave exactly that. I started back in June in January I was given a $5000 raise. I am thinking renegotiating my contract but I am a bit scared. I just feel like I am the lowest paid person and the raise to my gave me proved just that. Any advice?

like
like

Any one who moved to banglore after living in Mumbai for a very long period. What's your experience and opinion of Bangalore?

I'm planning a move to Marathahalli due to my current job. But want to hear from others.

If I give notice to go work for a competitor, I expect they’ll immediately walk me out. Do I still get paid for two weeks?

like

Any 🐠 at #HRTechConf?

like

Has anyone came off Zoloft successfully? I have been reading about the withdrawals and it sounds terrible.

like

Folks! My dad is turning 50 at the end of this month. Trying to get him a few presents one of them being soccer related. His favorite player is Ronaldo (the new man utd jersey are on back order fml) and his fav team is a hometown club in Ecuador. Any cool ideas y’all got for a life long soccer lover?

like

How are unproven theories and claims legally allowed to be called “news?” Lookin at you, Fox.

like

Hi folks,
Kindly help me to choose between Specialist Master at Deloitte vs Manager at ZS , 14 YOE (Cloud+BigData+DevOps) in terms of WLB, Projects, Tech stack and over all environment. Both are offering same pay range.

like

Work from home jobs for someone with an associates degree in radiography? Need something that makes at least $25/hour.

like

The hangover is real today.

like

Best everyday nude/color palette for women with cool tone (not pale but light enough)

like

Additional Posts in Consulting

What if people acted like the animal prints they’re wearing?

likefunny

Does failing a client drug test -> getting fired from firm?

like

Wow. I am *not* busy. Client is slow af and nudging my actions along probably takes like 2 hours a day max. Keep trying to speed things up but there is no appetite right now. 🥱🥱😴😴

like

Sunday travel. Tumi bag. QC35. Stainless coffee mug. Running shoes and jeans. Lulu top. What's the meaning of all this?

like

A bowl for "thirsty" consultants on travel a good idea or nah? Kind of like that movie about an elite hook up ring for working professionals who don't have time to date

like

I ask via email a Managing Director to include me in a discussion, or to approve a spend and don't get any response. Is it a polite way for them to say no? In my country this is just disrespectful.

like

Quitting a job after working only 3 months, should I list it on the resume?

like

Just walked into the kitchen at the client and was hit with some nostalgia - someone warmed up a wild berry poptart in the toaster

likefunnyuplifting

This is why we need Universal Healthcare

Post Photo
likefunnyupliftingsmart

Do you think the next MBA admissions cycle will be more or less competitive? I can see reasons for either...

like

Do people actually take lunch breaks? Always done working lunch and wondering if this is the norm...

like

Living and working in ey McLean office?

like

I'm looking to pivot from consulting into tech. I've gotten lots of interesting from tech companies on the ops side but am much more interested in product management.

Any advice on books or courses to help make the transition? I'm struggling to land PM interviews at companies that aren't tiny startups :(

like

Any female 🐠 in San Francisco looking to grab a drink?

likefunny

Fellow consultants, what are some notable characteristics you’ve observed of managers that are both effective and well-liked? Any book recommendations for how to be a good manager?

like

Where are all the amazing exits after 2-3 years? (Post-MBA)

like

Are these layoffs for real real? I just received an offer today. Should I not take it and stay at my current employer?

like

When CFA is taking actions, you know this shit is getting real.

Post Photo
likefunny

I've been in the world of consulting for several years; amazed at how much more analysts and others feel the need to be constantly utilized. Seeing posts about how holidays impact the metric (cont'd)

like

Good morning, Patagonia Vest Consultant writing, what songs should I have on my party playlist for tonight?

likefunny

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Send download link to your phone

OR

Scan your QR code to download
Fishbowl app on your mobile

By continuing you agree to Terms of Use and Privacy Policy.

Messaging rates may apply

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal