Bonds and mortgage interest rates are closely related. The ten year bond over the past half year is the WORST in 234 years since George Washington was.
Outsaving home price inflation
Dated: April 24 2022
Views: 8
I am working with a first-time homebuyer who said they were ok with renting for another year, and saving up more money for a downpayment, and thus reduce their mortgage loan payment. I said NOT! There is no way, repeat NO WAY, someone receiving a normal paycheck will be able to save enough money to beat home price inflation.
Andrew Norton
Example of Andy's sense of humor, click HERECheck out a few of Andy's other websites:Real estate and the environment - daily GREEN newsDaily retirement newsOver 55 Active Adult properties in Northern ....
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The Fed is out to destroy real estate. Will the government/ technology base in Northern Virginia make us?
In northern Virginia, we are seeing price reductions.We are seeing increased time on the market before sale.We are seeing buyers insisting on -- and getting -- home inspections.This is a good thing.
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