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re: Where to park money from home sale
Posted on 8/5/22 at 9:27 pm to 23parker
Posted on 8/5/22 at 9:27 pm to 23parker
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?
1
Posted on 8/5/22 at 9:34 pm to Paul Allen
By no means do I think they will depreciate. I think the prices will come more in line with where they were pre 2020 craze. I think they will appreciate from those prices.
All of the current decreases I am seeing still place the homes above pre 2020 craze prices.
All of the current decreases I am seeing still place the homes above pre 2020 craze prices.
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