Mortgage Rates Could Tank Home Prices by 20%, Fed Study Finds

Re:Mortgage Rates Could Tank Home Prices by 20%, Fed Study F... by deathanatos on Wednesday November 16, 2022 @11:02AM (#33625342)

> are up well over 20% over the last couple years

My parents' place was up 30% over the last 12 months earlier this year.

Unscrupulous home buyers are hitting us, the children, up with text message ads. Last one I got was Saturday, so they don't seem to concerned about the market yet.

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Re:Mortgage Rates Could Tank Home Prices by 20%, Fed Study F... by bombcar on Wednesday November 16, 2022 @11:24AM (#33625713)

Those text-based buyers are always offering a hot 20-30% below market trying to catch out someone who hasn't been paying attention.

It's a scam sold in scammy "real estate get rich quick" schemes.

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