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re: New Realtor talking point: "Marry the house, date the rate"
Posted on 11/13/23 at 10:20 am to Jcorye1
Posted on 11/13/23 at 10:20 am to Jcorye1
quote:
I don't think we are in for the housing collapse everyone thinks we are in for
This is Stout's wheelhouse and has been for a very long time. I'm going to take his advice on this one.
1
Posted on 11/13/23 at 10:25 am to Broke
quote:
This is Stout's wheelhouse and has been for a very long time. I'm going to take his advice on this one.
What's crazy is that everyone is so jaded that they think we have to have a full-on 2008 meltdown. That will never happen but there are signs we are in the early stages of a correction and that will only amplify if rates stay high. If rates drop then obviously prices will take off again.
A correction would actually be healthy for the market and will also lead to AirBNB and institutional investors dumping inventory leading to more affordability.
If you pay attention some investment firms are dumping inventory slowly. Hopefully that picks up.
Here is one example.
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