I can hear it now...Z09 » 20 Jan 2024, 9:25 am » wrote: ↑ Home sales lowest in 28 years....
Do you think 7% interest rates might be a problem with idiot?
The residential real estate market tumbled in 2023, as soaring interest rates steadily slowed sales activity — but home prices still hit a record high.The median home sale price in 2023 was $389,800, up about 1% from 2022 and the highest on record, according to data from the National Association of Realtors released Friday.That is good news for the 85 million homeowning households that enjoyed further gains in housing wealth, said Lawrence Yun, chief economist at NAR. However, it proved to be a maddening market for new homebuyers, who were priced out by rising prices and, for much of the year, surging mortgage rates that made this the least affordable market in decades.
https://www.cnn.com/2024/01/19/economy/ ... index.html
love the good old days. gravel roads, no side walks, septic systems (rather that sewer pipes dumping filth into rivers), wood stoves and so on. and low property taxes. i love doing things. not laying on a sofa and watching tv. humans are evolving. fat. lazy. that is what they want. problem: they want me to stop doing anything without paying for a permit, to get their stinking government's approval.walkingstick » 20 Jan 2024, 9:54 am » wrote: ↑ look at the graft. home prices and dow follow each other. wiggle around each other. home prices and dow both follow average incomes. some what. what is difference in family incomes is the percentages of line items. percentage spent on food over the past 70 years has declined. while phones, tv and internet services have gobbled up discretionary incomes. problem with home prices is government regulations. allow people to build their homes with out permits, and the cost drops by over 60%. dragging down existing home prices. people would build better homes, if their were no permits required. less cost, better quality that could be afforded. what a economic housing boom, if government stopped interfering.
Trump created inflation.Z09 » 20 Jan 2024, 9:59 am » wrote: ↑ Interest rates went up and Biden was warned they would with the non stop spending
i love high interest rates. i do not borrow. pay cash. always have. live off suckers debts. never could understand why a person works hard to pay me money for doing nothing.Z09 » 20 Jan 2024, 9:59 am » wrote: ↑ Interest rates went up and Biden was warned they would with the non stop spending
Trump spent 8 trillion dollars. Creating inflation.
Fortunately most voters aren't as retarded as you, Bidenflation baby!Bidencrimefamily » 20 Jan 2024, 10:13 am » wrote: ↑ Trump spent 8 trillion dollars. Creating inflation.
Why did you use quotation marks in the title, Hole?Z09 » 20 Jan 2024, 9:25 am » wrote: ↑ Home sales lowest in 28 years....
Do you think 7% interest rates might be a problem with idiot?
The residential real estate market tumbled in 2023, as soaring interest rates steadily slowed sales activity — but home prices still hit a record high.The median home sale price in 2023 was $389,800, up about 1% from 2022 and the highest on record, according to data from the National Association of Realtors released Friday.That is good news for the 85 million homeowning households that enjoyed further gains in housing wealth, said Lawrence Yun, chief economist at NAR. However, it proved to be a maddening market for new homebuyers, who were priced out by rising prices and, for much of the year, surging mortgage rates that made this the least affordable market in decades.
https://www.cnn.com/2024/01/19/economy/ ... index.html
If you insist that the inflation was caused by federal spending.
Answer the question, Hole..Z09 » 20 Jan 2024, 10:27 am » wrote: ↑ Remember?
You thanking Biden cause millions can now buy a house?
Remember??
28 year low in home sales..
RedheadedStranger » 20 Jan 2024, 9:34 am » wrote: ↑ I can hear it now...
Rico's reply will go something like...
Grifty grifty grifty... Trump Trump Trump... Bad Orange Man is BAD!
You are lying, Hole.
Z09 » 20 Jan 2024, 10:40 am » wrote: ↑ So you NEVER said that thanks to Biden millions of Americans can now buy a home?
Thanks plugsZ09 » 20 Jan 2024, 9:25 am » wrote: ↑ Home sales lowest in 28 years....
Do you think 7% interest rates might be a problem idiot?
The residential real estate market tumbled in 2023, as soaring interest rates steadily slowed sales activity — but home prices still hit a record high.The median home sale price in 2023 was $389,800, up about 1% from 2022 and the highest on record, according to data from the National Association of Realtors released Friday.That is good news for the 85 million homeowning households that enjoyed further gains in housing wealth, said Lawrence Yun, chief economist at NAR. However, it proved to be a maddening market for new homebuyers, who were priced out by rising prices and, for much of the year, surging mortgage rates that made this the least affordable market in decades.
https://www.cnn.com/2024/01/19/economy/ ... index.html
Exactly...this all rests squarely on the democrat's shoulders starting in 2019...Z09 » 20 Jan 2024, 9:59 am » wrote: ↑ Interest rates went up and Biden was warned they would with the non stop spending

democrats did, ****...