Mar 8, 2022
9:30:30am
9:30:30am
Haha, you think I heard that from a realtor?
The chief economist from Fannie Mae has presented the data multiple time at conferences I have attended.
I am not saying we will continue to see the gains in home vales if the last couple years, but I am saying there is data to support what they are saying. Interest rates have played a huge part in creating what looks like a bubble, but the same thing can be said for autos and the lending that has been going on there. I don't think this is 2008 all over again but it doesn't mean there aren't underlying issues.
Oh and I don't trust realtors either.
I am not saying we will continue to see the gains in home vales if the last couple years, but I am saying there is data to support what they are saying. Interest rates have played a huge part in creating what looks like a bubble, but the same thing can be said for autos and the lending that has been going on there. I don't think this is 2008 all over again but it doesn't mean there aren't underlying issues.
Oh and I don't trust realtors either.
Originally posted on Mar 8, 2022 at 9:30:30am
Message modified by RexIdaCoug on Mar 8, 2022 at 9:31:07am
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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