this was on the table months ago
2 replies (most recent on top)
No. Just Qualcomm people laidoff with a single income and no cash reserves and unemployable skills are screwed
Even if you sold immediately before laid off people start selling, you lose 6% real estate commission, 0 to 2% loan points, escrow fees, title insurance, inspection fees, appraisal fees, etc. 7% to 9% loss. Only hope is rates don't rise, but the economy is doing great in elsewhere like Silicon Valley. Silicon Valley expected to go up 8% next year due to the 5 to 40 bids per house.