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Huckleberry
ParticipantI stand by my original post…
The consumer is de-leveraging and paying down debt, not taking on risky high priced debt, such as depreciating assets (houses).
The housing market is dependent on demand. Higher mortgage rates remove potential buyers (demand).
Diminishing demand means no pricing power = lower prices (basic economics).
ParticipantI stand by my original post…
The consumer is de-leveraging and paying down debt, not taking on risky high priced debt, such as depreciating assets (houses).
The housing market is dependent on demand. Higher mortgage rates remove potential buyers (demand).
Diminishing demand means no pricing power = lower prices (basic economics).
ParticipantI stand by my original post…
The consumer is de-leveraging and paying down debt, not taking on risky high priced debt, such as depreciating assets (houses).
The housing market is dependent on demand. Higher mortgage rates remove potential buyers (demand).
Diminishing demand means no pricing power = lower prices (basic economics).
ParticipantAgreed, this interest rate rise has nailed me firmly on the fence.
We all know that rising interest rates means lower home prices as it knocks more potential buyers (demand) out of the market.
The last thing I want is to run out and purchase just because rates are going up, just to get hammered with decreasing home values…
Give it until beginning of February and we will start seeing many sellers realizing they need to lower prices if they really want to sell.
ParticipantAgreed, this interest rate rise has nailed me firmly on the fence.
We all know that rising interest rates means lower home prices as it knocks more potential buyers (demand) out of the market.
The last thing I want is to run out and purchase just because rates are going up, just to get hammered with decreasing home values…
Give it until beginning of February and we will start seeing many sellers realizing they need to lower prices if they really want to sell.
ParticipantAgreed, this interest rate rise has nailed me firmly on the fence.
We all know that rising interest rates means lower home prices as it knocks more potential buyers (demand) out of the market.
The last thing I want is to run out and purchase just because rates are going up, just to get hammered with decreasing home values…
Give it until beginning of February and we will start seeing many sellers realizing they need to lower prices if they really want to sell.
ParticipantAgreed, this interest rate rise has nailed me firmly on the fence.
We all know that rising interest rates means lower home prices as it knocks more potential buyers (demand) out of the market.
The last thing I want is to run out and purchase just because rates are going up, just to get hammered with decreasing home values…
Give it until beginning of February and we will start seeing many sellers realizing they need to lower prices if they really want to sell.
ParticipantAgreed, this interest rate rise has nailed me firmly on the fence.
We all know that rising interest rates means lower home prices as it knocks more potential buyers (demand) out of the market.
The last thing I want is to run out and purchase just because rates are going up, just to get hammered with decreasing home values…
Give it until beginning of February and we will start seeing many sellers realizing they need to lower prices if they really want to sell.
ParticipantI agree, this will absolutely hammer the housing market demand, which is pretty much non-existent as is.
This will put the final nail in the coffin of a housing recovery…
ParticipantI agree, this will absolutely hammer the housing market demand, which is pretty much non-existent as is.
This will put the final nail in the coffin of a housing recovery…
ParticipantI agree, this will absolutely hammer the housing market demand, which is pretty much non-existent as is.
This will put the final nail in the coffin of a housing recovery…
ParticipantI agree, this will absolutely hammer the housing market demand, which is pretty much non-existent as is.
This will put the final nail in the coffin of a housing recovery…
ParticipantI agree, this will absolutely hammer the housing market demand, which is pretty much non-existent as is.
This will put the final nail in the coffin of a housing recovery…
ParticipantLOL…
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