From then to now! Interpreting the market

Dec 3, 20180 comments

Understanding the changing market is a challenge in itself but with most things, knowing its history is what keeps us from making the same costly mistakes. In the Past, homes were bought at convenience, as they were being made rapidly. As time passes the way you buy homes are changing. Houses are getting bigger and their prices climbing. The prices of current homes  may have come to a halt and looking to decline. According to Getrichslowly.org, as of 2018 home ownership is at 64.2%, in 2010 the home owner ship was at its highest, 66.5%. Rising interests rates may be the cause of this decline. Strains on family pockets put a damper on the market. When home prices are out of the average families budget you wont have sales until you see prices drop back into an affordable range.

https://www.marketwatch.com/story/were-probably-at-peak-housing-heres-what-that-means-2018-06-27

https://www.getrichslowly.org/homeownership/

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