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re: New Single Family homes listed for sale hits highest level since 2008
Posted on 4/25/24 at 10:50 am to Supermoto Tiger
Posted on 4/25/24 at 10:50 am to Supermoto Tiger
quote:
I'm waiting it out until the following happens:
- substantial drop in interest rates.
(4-5% range)
- substantial drop in material cost
So 25 years
This post was edited on 4/25/24 at 10:51 am
1
Posted on 4/25/24 at 11:46 am to theunknownknight
quote:
So 25 years
Not at all - I only have probably 25 more years left on this Earth. Rates are 6.9% today. I expect after the election, hopefully 2nd/3rd qtr of 2025 they will trend downward to the low to mid 5's. That's good enough for me to get started.
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