Yes I said this to the local newspaper
Thirty year fixed rates below 4.75% with no points – house prices back to 1995 levels in some areas.
The idiot who buys a house today will be a genius in 5 years…
Although I believe you are right, the newspapers will find a way to turn your words around...be careful in what you say!
I think they are smart today! ;) In 5 years maybe they will retire. Have a great day.
I've been saying for a while we have a "perfect storm" in real estate with low prices and low interest rates. The prices wont stay down forever and one of the few guarantees I will make is that interest rates will go up.
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