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Financial thought
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woodduck
Posted 3/23/2024 15:31 (#10676828 - in reply to #10676789)
Subject: RE: Financial thought


NE Mo
JRosenberger - 3/23/2024 14:35

I don't think the housing market needs 'loosening' at this point. I think it would be best for the health of the economy to allow time for the market to adapt to historically 'normal' borrowing costs (say 5.x to 8% in a stable economy).

This will likely mean housing prices softening further which will help or hurt depending on perspective.


I tend to agree. But with the median home price north of 400K softening is needed in my opinion sooner rather than later.
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