I’ve run the numbers. After taxes, monthly cash flow isn’t much different between 4% and 5%. Most buyers seem to focus on short-term affordability … perhaps rightly so, since home equity is just about completely illiquid these days.
So I’d guess there won’t be any major short-term effect on prices. OTOH this also means you haven’t missed out on the deal of a lifetime.
I’ve run the numbers. After taxes, monthly cash flow isn’t much different between 4% and 5%. Most buyers seem to focus on short-term affordability … perhaps rightly so, since home equity is just about completely illiquid these days.
So I’d guess there won’t be any major short-term effect on prices. OTOH this also means you haven’t missed out on the deal of a lifetime.
I’ve run the numbers. After taxes, monthly cash flow isn’t much different between 4% and 5%. Most buyers seem to focus on short-term affordability … perhaps rightly so, since home equity is just about completely illiquid these days.
So I’d guess there won’t be any major short-term effect on prices. OTOH this also means you haven’t missed out on the deal of a lifetime.
I’ve run the numbers. After taxes, monthly cash flow isn’t much different between 4% and 5%. Most buyers seem to focus on short-term affordability … perhaps rightly so, since home equity is just about completely illiquid these days.
So I’d guess there won’t be any major short-term effect on prices. OTOH this also means you haven’t missed out on the deal of a lifetime.
Author
Posts
Viewing 15 posts - 391 through 405 (of 2,475 total)
