Submitted by Clementine823 t3_zc9d5y in massachusetts
badhaircut22 t1_iyw2o6w wrote
Reply to comment by ThatDudeThatWrites in Why are houses in Randolph so cheap? by Clementine823
I’m still in my starter home with 150k left on the mortgage and I refinanced 1.5 years ago(2.99%) it’s valued around 500k now. I’m guessing when the housing markets crashes I’ll still have good enough equity to heloc a nice down payment for my next home and rent this or just sell all together. Currently in East Bwater there are just zero amenities here no services. Great place if you want to have a small farm and goats but I need more a city vibe.
ThatDudeThatWrites t1_iyw31wt wrote
I imagine it'd be harder to rent something out there than it would be to sell it, but nonetheless sounds like you're in a good position. If I were you I'd look to Dedham or Canton. They're both just a smidge more convenient to get to, imo. All three are very similar.
badhaircut22 t1_iyw4s54 wrote
Not really into dedham that much and I think canton is even more pricey than Norwood either way let’s see if the market even crashes lol
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