Housing Market Slowdown

[tis]

Originally Posted by Biggd

Real estate is always a tug of war between supply and demand. It's beginning to balance out, supply slowly increasing and demand slowly decreasing.
I think the stock market rising has made wealthy people wealthier, so the high-end properties are still moving. It's much easier to take some profits when the market is sky high.
Being 71 gives me a different perspective, rates don't look that high to me.

I agree with you. Rates used to be much higher. In the late 80s we had a business loan at 21% I have no idea how we managed it, looking back.