The housing market just slid into a full-blown correction
- Thread starter OfTheCross
- Start date
ADevilYouKhow
Rhyme Reason
Rents Will Rise by at Least 3.25 Percent for 2 Million New Yorkers
The housing market isn’t sliding into a correction for these renters
The housing market isn’t sliding into a correction for these renters
ADevilYouKhow
Rhyme Reason
Mortgage Lenders Timed the Market Perfectly
Home-loan providers sold at the top. Their shareholders are counting the losses.
www.bloomberg.com
Queued up
The World’s Bubbliest Housing Markets Are Flashing Warning Signs
Global monetary tightening is squeezing homebuyers, adding risks that a slowdown could ripple through the economy.
www.bloomberg.com
dora_da_destroyer
Master Baker
But it may make renovations cheaperfalling construction is only going to lead to higher prices
NZA
LOL
Demand for adjustable-rate mortgages surges, as interest rates make biggest jump in 13 years
Mortgage rates surged to the highest level since 2008, but more buyers applied for loans, perhaps concerned rates would move even higher.
I checked in on my mortgage portal to up my principal contribution just to find out they evaluated my house just under double of what I paid for it 5 years ago. They don't even know the upgrades I've done. My next door neighbor just sold his house for a ridiculous amount of money so that may help out with my value as well. Just worrying if taxes are going to go up.
Demand for adjustable-rate mortgages surges, as interest rates make biggest jump in 13 years
Mortgage rates surged to the highest level since 2008, but more buyers applied for loans, perhaps concerned rates would move even higher.www.cnbc.com
I couldn't sleep at night knowing I have a ARM.
mastermind
Rest In Power Kobe
Its not a bad gamble if you think it will drop in ten years.
(not doing it ourselves, but I get it)
Im seeing even more properties in my search list dropping prices. One just dropped 5%
Domingo Halliburton
Handmade in USA
the refinance is dead.
88m3
Fast Money & Foreign Objects
But it may make renovations cheaper
I think prices have started coming down(for some things a lot) but the issue is going to be there's a huge backlog and the labor shortage
Just give it a little more time.Checked a few places on my saved list on Zillow some of them decreased in value everything else same price no budging at all...good luck trying to get a discount...
This time of year is peak season for movers anyway