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re: New Single Family homes listed for sale hits highest level since 2008
Posted on 4/25/24 at 1:39 am to stout
Posted on 4/25/24 at 1:39 am to stout
No one is buying 300k-400k homes at 7.5% interest with wages flat and inflation eating at personal incomes. Couple that with higher insurance costs for home owner’s insurance and flood insurance Risk Rating 2.0, a monthly mortgage payment is just too expensive . Just interest rate hikes alone put some people’s dream home out of reach to most middle class home buyers.
1
Posted on 4/25/24 at 2:36 am to Tarps99
quote:
No one is buying 300k-400k homes at 7.5% interest with wages flat and inflation eating at personal incomes.
But Blackrock is...
YOU WILL OWN NOTHING
This post was edited on 4/25/24 at 2:37 am
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