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re: Current Housing Prices

Posted on 3/12/22 at 9:19 am to
Posted by PotatoChip
Member since May 2014
3668 posts
Posted on 3/12/22 at 9:19 am to
I think people are paying up because material prices are increasing and inventory is low. Labor costs will increase because of inflation even when materials stabilize. Trying to buy now before rates go up even more can be a difference of 200-800/ month for the same price house. That is driving buyers imo.
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