Everyone that bought this summer...yikes. The place across the road from us sold for $315,000 two years ago. At 3.5% that's $1,512/month They put it up for sa

Everyone that bought this summer...yikes. The place across the road from us sold for $315,000 two years ago. At 3.5% that's $1,512/month They put it up for sale last week for $499,999. At 7.25% that's $3,271/month, over double. Even if the price was the same it'd be $2,100.