Seems house prices in Redmond/Seattle area too high.
Feb 1, 2021
9 Comments
House prices in Washington rising. As much as I checked on Zillow/Redfin, it’s not much cheaper than Bay Area (not counting SF)
What do you guys suggest ?
Please don’t ask tc. All I can say is it’s not enough to buy a house lol.#remotework #wfh #microsoft #amazon #seattle #redmond
Edit:
Blind doesn’t allow me to fix the poll. Please don’t choose option “buy house in Seattle/Kirkland/Redmond ...” as it was incorrectly entered.
comments
2) Yes, it is still much cheaper than most of the Bay Area
Since in the first couple years of the loan the majority of your payment is interest, it can mean a nice refund at the end of the year.
I’m not sure what your marriage / tax situation is, but one of the main reasons I bought property as soon as I could when I moved to the US of A was the tax benefit. Now that I’m married + the trump tax plan raised the standard deduction, it’s less lucrative — but YMMV
Pros- I am not sure what your age is but if you plan to change jobs, you are pretty flexible in getting the best for yourself at any location. Things can change in a year. So better to wait!