Quote Originally Posted by call_me_ishmael View Post
We are in a giant housing bubble, aren't we? I know interest rates are low, but I see way too many 1M+ houses selling way too quickly in Pewaukee to be comfortable.

My wife and I are slow movers who that are very intentional and deliberate with our money. We have been considering jumping into a new house but boy, they all sell too fast, often times within 24 hours of listing. That, to me, is a recipe for a disaster and a lot of people are going to lose their shirts when a recession in the job market occurs.

I like being in control of the process, so I think a better fit for us is to wait for prices to come down a bit and interest rates to go up a bit so there's less people in the market.

Did you ever buy?

The suspense is killing me.

My recommendation: learn to make the addition yourself. Take your time. It shouldn't cost you more than 40k. I have the skills; it's just not that hard unless you are completely non-mechanically inclined. It'll sure be a project but very satisfying.

Not sure the prices will ever come back.