Quote:
Originally Posted by RickFLM4
Short term volatility. Lower rates support prices somewhat but fear will likely slow sales activity and layoffs would obviously adversely impact prices. Medium term, construction slow downs will limit inventory, driving prices back up once fear begins to subside while rates remain low.
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My concern is the next 30 days and after the deal closes I don’t care what happens. It would be nice if prices would drop so I could buy another home.