[quote=The-Shoveler]Don’t fight the Fed is pretty basic LOL.
Mortgages rates above 5% now, the low end condo market is almost completely shut down. one more hike and I think the rest of the housing market may follow.[/quote]
Huh?
I would think it’s more like the high end would slow down…low end is cheaper and people seem to still be able to buy….
I am going to try to sell and hopefully pocket a 100% gain from a short sales purchase, and do a 1031 exchange into a nicer area where rent prices are higher…at least that’s the plan….
I also need to deal with a sfh hopefully that will bring in an additional $4000/month that hopefully I can get on the market soon as soon as I fully move out.
