I understand, it has definitely gone nuts compared to 2018/19 when i first started looking. We didn’t buy a house yet cause exactly the same issues, we get outbid. For now we are going to check the area and see if we really like it.
Inflation is definitely real, but interest rates are also spiking pretty rapidly compared to expectations. There's a ton of hidden instability in the market (variable APR HELOCs, large spine in federally backed second mortgages, over leveraged investors, and so on). I think we're very close to the peak of the market, even accounting for inflation. I think whatever measures the fed takes to try and ramp down inflation are going to seriously soften the stock market and the real estate market, given how intertwined they are now.
I got quotes from State Farm, Progressive, Allstate, and Costco/Am Fam. Ended up insuring both cars 6 months at $700, comprehensive on both, 100/300/100 limits. Next cheapest I had was Allstate at $1145 for the same. Costco and State Farm both $1200+.
Yes MYLR 5 seater White/Black no tow no FSD. Otherwise I would be sitting in my MYP now haha
Ahh, ok. I thought you were cancelling the order. Good luck. Let us know how the Polestar is.
