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All Forum Posts by: Wei Li

Wei Li has started 2 posts and replied 2 times.

Post: Charleston Sc real estate

Wei LiPosted
  • Posts 2
  • Votes 1

Hi,

I been hearing from everyone that Charleston South Carolina is booming for real estate, what I’m worried about is a “bubble” forming as everyone and their moms are saying Charleston is red hot and that’s usually the time to avoid an investment. I’m new to real estate so if anyone has any insight on whether I’m being paranoid and if there even is a bubble please enlighten my foolishness.

Hi, so recently there was a 10-2 yield curve inversion signaling a recession in 12-18 months time frame. My question is if a recession is coming that means to central banks will cut rates and therefore mortgages would be lower. Is it safer to wait two years for the recession and therefore houses to fall in price or is that blown out of proportion and the current state of real estate is still going strong? I did hear that population in Us is starting to go down so in future there may be less people to sell houses to as millennials are now a days not looking to start families. Any input would be nice