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Posted on 9/23/23 at 11:56 am to stout
Housing stock is, and will continue to be, underdeveloped in most major markets. Rents and values are only going up.
Maybe not if you live in Philadelphia, MS. But in any major metro, state capital, or university town residential real estate will remain a great investment.
Maybe not if you live in Philadelphia, MS. But in any major metro, state capital, or university town residential real estate will remain a great investment.
Posted on 9/23/23 at 12:02 pm to stout
I’d bet transactions are way down…most people who sell a house have to buy a new one, and if you are sitting on a 4% or less interest rate in your current home you are less motivated to do so. This keeps the supply side of things very low and so then the supply/demand intersection keeps prices high at places customers are moving to like Houston DFW, etc
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