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re: Restraining order against bad home appraiser

Posted on 10/5/23 at 3:36 pm to
Posted by meansonny
ATL
Member since Sep 2012
26000 posts
Posted on 10/5/23 at 3:36 pm to
quote:

Interest rates are massive for demand.


You keep putting the cart ahead of the horse.

There are still cash buyers.
There are still investors willing to grab homes at a stagnant price.

You are correct. Higher rates will limit the buyer pool for a particular address. And supply/demand can impact that price. But it only takes 1 buyer to bite at that price. And right now, the fish are still biting in a lot of areas.
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