Concern with real estate prices going up
I noticed that real estate prices have skyrocketed once more and my loan to value is around 54%, isn’t this too low? Am I looking at it the right way that if the market tanks by 25% I can still sell off and keep some money given a worst case scenario since I put down 20% to 25%? by frederic34 from Aliso Viejo, California. Jan 13th 2022
Dan Paladin (dpaladin)
#356 ranked lender in California - 792 contributions
All indicators or forecasts do not point to a crash. 2022 is still predicted to have brisk appreciation though not as much as 2021. Though yes, you would sill have equity if the sky starts falling.
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