Quote:
Originally Posted by raggedy-andy
until the Fed gets its head on straight and brings interest rates back toward prior levels.
. . . . .
On the bright side, we're still sitting on a sub-3% mortgage, so the incentive to sell is lessened with rates and pricing where it is. |
good luck with that!
it interest rates go back down to where they were during the pandemic, the country is again in a very dire economic situation. . . not saying it won't happen, but the housing results won't be the same, history events like that seldom repeat without a generation or two passing. .
interest rates today are at a historically normal rate, . . don't be held hostage waiting for interest rates to fall for a housing price explosion. .
good luck to us!