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badge0913

12/13/15 4:13 PM

#45481 RE: investor86 #45480

You're in Chicago .. last I heard they are going to raise property taxes to INFINITY !!! Get out while you can :)

keyotee

12/14/15 11:28 AM

#45488 RE: investor86 #45480

Yes there will be another crash , the cracks in the market have shown their ugly heads ,in the credit markets, bonds and the equity markets.The next bubble to pop will be in the automotive and student loan financing. A mini bubble or rebound in housing was expected, however, will be short lived. Bonds are also cracking. If you can find a reasonably priced home , buy now before rates rise, if you will be in that area for a long time ,buy a 30 fixed rate mortgage and lock in historically low rates. If possible , buy an assumable loan in order to pass that rate on to a buyer down the road.