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re: US homeowners hit the jackpot. Median homes up 53% from Jan 2020 to Aug 2023
Posted on 10/1/23 at 9:08 am to SDVTiger
Posted on 10/1/23 at 9:08 am to SDVTiger
quote:
Apprecation is on pace for another 7% increase this year
I've explained how the prices are buoyed right now and you can forecast demand to continue to weaken. what is your point?
quote:
And for how long will it stay at 10%
Anyone who thinks that would be a long time is also an idiot
Maybe you need to look at the 30yr Mortgage History chart
again what is your point other than asking rhetorical questions and laughing at the notion that rates can not only go higher, but stay higher.
here is your 30 yr chart. maybe analyze the current rate path the market is on and how it correlates to the period between 1960-1980.
This post was edited on 10/1/23 at 9:15 am
1
Posted on 10/1/23 at 9:41 am to JimMorrison
quote:
I've explained how the prices are buoyed right now and you can forecast demand to continue to weaken. what is your point?
Demand is not weakening
quote:
again what is your point
That your statement Rates will stay high for 30yrs is assinine proven by your chart
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