Savvy Trades and Investments

[littlejohn]

Is that Transitory Equity of $20/square foot,

more or less, for a new home

buyer if building product costs

drop in a year or so?...


$80,000/4,000 square feet...



Problem is that it doesn't

really drive of price of existing

home, that may be a fixer upper,

because it will cost more to

update that footprint's value...



Possible catch 22 with lower

rates to borrow...


Good to know that you may have

been given increased credit to

fund building at higher costs...


So we watch...LJ