Was chatting with my neighbor yesterday about how crazy high home prices have gotten around here, and it got me thinking... what if tomorrow, boom, prices suddenly dropped by like 30%? Would you jump in right away to snag a deal, or would you hold off thinking they'd drop even more? I'm honestly not sure myself—seems tempting but also feels risky, you know? Curious how everyone else would handle that scenario.
Honestly, even with a 30% drop, I'd be cautious. Prices don't just randomly tank without reason—could signal bigger economic trouble ahead. I'd rather wait a bit, see how things shake out before committing my savings to anything major.
It's wise to be cautious here—I agree that sharp price drops usually indicate underlying economic pressures. From experience, I've seen clients rush in too early and regret it later. Waiting a bit to assess the bigger picture might save you some headaches down the road.
