Terrible time to buy, give it another 6+ months and you will save.....American's are becoming broke and the free money has slowed way down. Rates will still suck but I wager 20-30% drops when no one is buying.
Fannie Mae’s Home Purchase Sentiment index is really dismal. I don’t suspect rates will fall significantly any time soon, especially with inflation still raising its ugly head. As for prices, even 20-30% price drops won’t matter due to low inventory. Homeowners won’t sell with a 3.5% mortgage. Only folks having to sell (death, divorce, relocation, assisted living) will suffer. Say, I really appreciate your comments. Keep them coming! 😃
I'm gonna be selling my house in Soddy Daisy very soon. 3/2 with garage and huge yard. My house is less than a mile from the CT in one direction and 1.5 miles to another keyosk on the CT. Less than 2 miles from Deep Creek. Totally redone home. Most everything is new in the house. Great time for a cash buyer :) Hopefully rates will drop soon.
Sounds like a great place! Do you mind if I come by and take a look? I need to grab a burger at Wimpies, anyway. 😉 I sold 10207 Bear Trail Rd (near Harbor Lights Marina) in August.of this year.
