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What are people guessing will happen to the real estate market in the next year?

We recently moved to California and renting, but eventually would like to buy a single family home for our 2 kids and dogs. We live an hour outside LA and looking at homes around 750-900k. My husband and I make a good income together but we also pay for childcare which gets expensive. We are about to sell our home so we will have about 100k for a down payment which is not near the 20% for a conventional loan. We'd obviously hate to buy a house if there is a real estate market crash looming. With all the unemployment with the pandemic, what will happen once the moratoriums on foreclosure expire? Do banks just pretend the last 6-12 months didn't happen and just continue as is? Any predictions? I know nobody actually knows what will happen, just wondering what people's thoughts are.

submitted by /u/peachnkeen519
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source https://www.reddit.com/r/RealEstate/comments/ij4z72/what_are_people_guessing_will_happen_to_the_real/
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