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re: If/when there is a major correction and/or housing crash
Posted on 9/26/23 at 1:44 pm to SDVTiger
Posted on 9/26/23 at 1:44 pm to SDVTiger
quote:
New buyers or something? Cause everyone else has a 3% rates and wont be holding any bag
Yeah I'm referring to people who were buying in the last 6 months
I think they're going to regret it in a lot of markets. Interest rates aren't getting anywhere near 3% anytime soon to where they can refi and there is a solid chance their property valuations will tank.
1
Posted on 9/26/23 at 3:07 pm to Powerman
quote:
I think they're going to regret it in a lot of markets
If they can afford the payment how can you regret it
Case Shiller just posted another .6% grow
Heading for another 6% this year after 5% last year
quote:
where they can refi
Everyone is using FHA and they can stream with no appraisal so values wont matter
This post was edited on 9/26/23 at 3:09 pm
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