Ready2Downsize
Well-known member
Compressed-Village said:These moves, psychologically fanning urgency for buyers to move all the quicker, to buy now more than ever.
Of course we are talking about buyers that qualified and ready to buy.
On the sell side, builders this go round would not reduce price when rates goes higher because their cost of labors and raw materials substantially higher tomorrow than today.
Resale, homeowners are not motivated to reduce price, because tomorrow price will goes higher than today.
#TOUGHTIME
The cost to build the homes is going up. Sherwin Williams is raising paint prices 12%. I'm sure everything else is rising too.