Mar 8, 2022
9:22:59am
9:22:59am
Good question. I imagine if a lot of people in homes are mortgaged to the max
and the cost of other fixed costs they have go up, those people will have a problem.
Also if rates go up (and I hope they do for the good of the economy long term) demand will go down as fewer buyers will qualify.
My guess, not a prediction, is we won't see a situation anywhere close to what happened in the '08 period.
Also if rates go up (and I hope they do for the good of the economy long term) demand will go down as fewer buyers will qualify.
My guess, not a prediction, is we won't see a situation anywhere close to what happened in the '08 period.
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3/8/22 9:02am
3/8/22 9:05am
3/8/22 9:14am
The reason they say that is because they don't know any better and just want to sell homes. Come on now. Ragnar is right
3/8/22 9:16am
There’s only a lack of inventory relative to a given amount of demand. When people cite a shortage as a reason prices
3/8/22 9:35am
3/8/22 12:02pm
3/8/22 1:07pm
3/8/22 1:38pm
3/8/22 2:49pm
3/8/22 3:01pm
3/8/22 9:57am
3/8/22 9:20am
I think people are sitting on a lot of equity in their homes. They may have mortgaged to the max when they bought but
3/8/22 9:27am
3/8/22 9:31am
3/8/22 9:51am
3/8/22 10:51am