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To: Freee-dame

I thought housing prices had dropped. Now, they’re increasing again?


4,511 posted on 09/27/2022 5:00:49 AM PDT by Jemian (War Eagle! I'd rather lick all the peg games in Cracker Barrel than cheer for Bama.)
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To: Jemian

Housing is at an all time high in our region.


4,512 posted on 09/27/2022 5:13:50 AM PDT by stars & stripes forever (Blessed is the nation whose GOD is the LORD. - Psalm 33:12)
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To: Jemian

Actually it is the income needed to purchase the same house which is increasing dramatically. This is due to the increase in mortgage interest rates from about 2% to now about 6 %. This makes the monthly payment for the same amount of mortgage much higher.


4,522 posted on 09/27/2022 6:56:35 AM PDT by Freee-dame
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