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re: Housing market not cooling off at all
Posted on 4/10/24 at 12:11 pm to fareplay
Posted on 4/10/24 at 12:11 pm to fareplay
Low inventory ( despite increasing starts) and higher interest rates selling into an inflationary economy. It’s a recipe for inaction. Housing starts being up will take some pressure off but monthly mortgage payments must still be in a reasonable range for people to buy. It’s a pickle.
1
Posted on 4/10/24 at 12:16 pm to Lsupimp
Just had one we were watching drop the price 25k this morning. It’s probably still 50 over what it should be at.
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