6 ms·
> which has created high demand for houses Does anybody have any guess on when that high demand will come down and match more closely to the supply? I don't se
by MuffinFlavored 5y ago
> which has created high demand for houses
Does anybody have any guess on when that high demand will come down and match more closely to the supply? I don't see anything that will push residential real estate prices down in the next few years.
Interest rates and property values are linked. Selling agents help buyers target a monthly price figure, all relative to interest rates + property values. Rates low? Raise asking price. Rates high? Lower. In the end, same $x/mo payment they target that they know families can afford/shop by.