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Reply to "House prices falling?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]With the interest rates going up, are the house prices falling? I see lot of houses just sitting and prices being dropped in my sought after neighborhood. Would the prices keep falling? Should I wait to buy? We have a small place and was hoping to get a bigger place in the same school district, but now thinking we should wait to buy.[/quote] No, home prices won't fall because interest rates increase. It doesn't work that way.[/quote] Yes, home prices will fall because interest rates increase. It works that way.[/quote] No, it really does not. [img]http://static.seekingalpha.com/uploads/2011/7/6/saupload_housing_vs_interest_rates.png[/img][/quote]
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