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"Does that imply the housing prices will grow even more in 2017?" It depends on Fed rates. If rates start to crawl up, you could see some crazy devaluations i
by edblarney 10y ago
"Does that imply the housing prices will grow even more in 2017?"
It depends on Fed rates.
If rates start to crawl up, you could see some crazy devaluations in housing.
Rates are historically low - so low there's a lot of leverage in homes.
A 1 point change at the low end has much more difference than a 1 point change at the high end.
Slightly higher rates + a couple of nice IPO's would be good for everyone.
Not too high though :) or else VC's will have less money for startups :)