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re: New Single Family homes listed for sale hits highest level since 2008
Posted on 4/24/24 at 2:54 pm to stout
Posted on 4/24/24 at 2:54 pm to stout
A lot of the folks that aren’t downsizing are going to have a hard time stepping up to the next level without a massive increase. Even with the inflated equity, jumping up 100-150k in price is a wash. It’s not even worth it in most cases
1
Posted on 4/24/24 at 2:58 pm to Geauxld Finger
quote:
A lot of the folks that aren’t downsizing are going to have a hard time stepping up to the next level without a massive increase
This will be us in a few years without something changing. We'd like to downsize in a few years when all of the kids are out of the house, but right now it would mean an increase in our mortgage for a smaller house, even putting 50+% down.
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