This is just so fucked a world. This is pillaging America, ruining Americanism. And we can scarcely blame these foes of society for their petty villiany.
Banks running rampant purchasing assets from distressed sellers seems as American to me as apple pie.
Wallstreet buying houses is a continuation of the on-going wealth entrenchment that betrays the ideal of fluid social mobility.
I'd guess more generally people are playing that game purely based on borrowing rates -- if they think they'll be even a bit lower in 12 months, it might make financial sense to wait.
Interest rates? Good point. But I’d jump now, refinance later.
I’ve been burned more often waiting than getting in too soon.