Robert Rivinius, CBIA’s President and CEO, said the fact that affordability has not increased despite a housing downturn that has lasted over a year is ample proof that prices aren’t likely to drop significantly, which means families that can afford to buy should consider doing so now, before prices and interest rates start to climb again.
“Shortage of homes?” LOL The listings vs. sales activity ratios alone prove that one to be an outright lie.
Offhand I’d say that ongoing price corrections are doing a lot more for affordability than government subsidies of developers ever could. Throwing $50k/unit rebates at developers would only increase their profit margins by $50k.
“Shortage of homes?” LOL The listings vs. sales activity ratios alone prove that one to be an outright lie.
Offhand I’d say that ongoing price corrections are doing a lot more for affordability than government subsidies of developers ever could. Throwing $50k/unit rebates at developers would only increase their profit margins by $50k.
“Shortage of homes?” LOL The listings vs. sales activity ratios alone prove that one to be an outright lie.
Offhand I’d say that ongoing price corrections are doing a lot more for affordability than government subsidies of developers ever could. Throwing $50k/unit rebates at developers would only increase their profit margins by $50k.
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