24 Aug 2023 12:07 pm
Typically, people sell when their children have grown and they can make a huge profit from the sale of their home.
If they can get only a quarter of what the prices are today, they will likely stay put.
A house in my neighborhood cost $31,500 in 1977.
Some real estate expert says it can bring $325,000.
25% of that is $81,250.
Walkingstick likes to say silly stuff. House prices will NOT drop by 75%, There is nothing teetering on the edge of any cliff.
If they can get only a quarter of what the prices are today, they will likely stay put.
A house in my neighborhood cost $31,500 in 1977.
Some real estate expert says it can bring $325,000.
25% of that is $81,250.
Walkingstick likes to say silly stuff. House prices will NOT drop by 75%, There is nothing teetering on the edge of any cliff.