My husband and I just closed on a home last week in Cape Coral. It is our first home and we felt ready to buy and got a temporary interest rate buy down for 2 years. We moved from Washington, D.C.
Victor….. I appreciate the effort. But let’s be honest. You say that these interest rates are not “normal”? But the average mortgage rates in the U.S. since 1971 are 7.7%. The issue is overpriced homes!
I agree with you and if we compared this to last year we would be at value. At the same time I was not around prior to the 80’s depending on what time period you’ve seen in the economy we should have different views. Thank you for the comment 🙏
