Started By
Message

re: Where to park money from home sale

Posted on 8/5/22 at 9:13 pm to
Posted by 23parker
Louisiana
Member since Aug 2011
244 posts
Posted on 8/5/22 at 9:13 pm to
So you think they will continue to increase as interest rates also go up?

I agree the growth will slow, but I have been watching all around my neighborhood (Old Metairie, so not in BFE), and most houses have been listed for weeks and several have had decreases.

There is plenty of inventory in the area as well. Just speaking on observations.

Pay attention to what’s around your house for sale and I think you will get a better idea.
This post was edited on 8/5/22 at 9:15 pm
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
75280 posts
Posted on 8/5/22 at 9:27 pm to
quote:

So you think they will continue to increase as interest rates also go up?



Sure they’re going up. Again, not 20-30% like you saw the past couple of years, but why wouldn’t a home appreciate by its yearly average of 3-5%, even with mortgage rates going up or down?
Posted by gpburdell
ATL
Member since Jun 2015
1425 posts
Posted on 8/6/22 at 12:37 am to
quote:

and most houses have been listed for weeks and several have had decreases.


Houses taking weeks/months to sell is normal. What we saw the last 2 years was abnormal.
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram