First-time homebuyers feel the pain of low inventory and higher interest rates

[Aquaman]

 

[Aquaman]

@Sonu_Patel            

 

[Barney_Stinson]

The whole process of home ownership takes life outta someone in current situations. I personally feel amidst this climate, renting is better and this changes from time to time and other preferential factors.

[Konebhar6]

read a report recently in YahooFinance that the housing market will fall when Fed stops increasing rates and starts reducing them. Does not make sense logically but who knows .. the prices increasing even in current interest rates makes no sense.

[krishnaaa]

14 hours ago, Konebhar6 said:

read a report recently in YahooFinance that the housing market will fall when Fed stops increasing rates and starts reducing them. Does not make sense logically but who knows .. the prices increasing even in current interest rates makes no sense.

They decrease interest rates only after situation becomes bad...that's why.

Rate hikes take time to show impact. Once we see impact its too late.

That's why the best time is 6-12 months after they start reducing interest rates.

[J0SE]

@Sonu_Patel lanjoduku busy in his wife pimp business  weekend, madarchod gadu