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That site only does apartments for rent not purchased condos or houses right?
by mitigating 5y ago
That site only does apartments for rent not purchased condos or houses right?
- wonderwonder 5y agoPerhaps but even if that is the case, the general consensus appears to be that home purchase prices increased ~17 - 19% over the last year so right in line with the estimate by this site. If anything it would drag the estimate upwards.
- Rebelgecko 5y agoOTOH, low interest rates have balanced that out, and let people who already have mortgages lower their monthly payment drastically. I wonder if monthly payment is perhaps a better metric than purchase price? At least for me, that's what actually determined how much home I'd be able to buy.