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Tuesday, June 25, 2013 11:08:53 AM
re housing
Yep, since interest rates have gone up a point in the last 2 weeks, buyers have been motivated to buy. Reminds me of a blow off top in the stock market. When market prices reverse, go down to his house and congratulate him on buying at the very Top. LOL I have done that to people who where short selling their homes. Thankfully, I didn't get punched in the nose LOL.
Stick a fork in new homes - They are done. Higher interest rates and nail in the coffin LOL
Yep, since interest rates have gone up a point in the last 2 weeks, buyers have been motivated to buy. Reminds me of a blow off top in the stock market. When market prices reverse, go down to his house and congratulate him on buying at the very Top. LOL I have done that to people who where short selling their homes. Thankfully, I didn't get punched in the nose LOL.
Stick a fork in new homes - They are done. Higher interest rates and nail in the coffin LOL
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