Quote:
Originally Posted by TheWarriors
As more homes age, more bonds will be paid off and it will actually be a detriment to sell a home that still has a bond payment. Agents will then be telling clients why it’s better to purchase the paid off bond homes.
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That situation already exists. The houses in the northern areas are mostly bond free or small balances and I see no impact on new home sales in the south. I will take a new home over a 20 year old house any day.