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Updated almost 9 years ago,
Good time to buy a personal home?
Hi I’m new to Bigger Pockets,
We moved to Washington 6 months ago, renting in Bellevue, we have 4 Buy and Hold properties abroad but not even close to the 50% or 2% rule in Bigger Pockets, now we are learning...
We are interested to continue Buy and Hold done properly, but it makes sense for us to buy a place for us first, instead of paying rent, and if we have to move later on we can rent it or sell it depending on the market, not that we foresee moving any time soon.
Looking at the prices in Bellevue, Issaquah, Sammamish, Kirkland and Redmond, we are surprised how expensive it is. Is it really a good time to buy a personal home in these areas? Have they reached their peek or will it continue to mount?
What other areas can we look in that might get a good appraisal? School District is important to us.
Thanks for your comments.