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Real Estate
Reply to "Will housing prince ever drop?"
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[quote=Anonymous][quote=Anonymous]Potential buyers waiting for prices to fall due to rising interest rates do not factor that [i]Institutional investors bought 18.4 percent of all homes sold in the fourth quarter, an increase from the 12.6 percent they picked up during the same time last year and 17.4 percent in the third quarter of 2021, according to Redfin. That’s the largest share since Redfin started keeping track in 2000.[/i] Institutional investors purchasing with cash are not as sensitive to rising interest rates as are individuals purchasing a single home. The real estate market will not crash. The rate of appreciation will likely slow, perhaps at a 10-12% rate than the 18-20% increase in 2021. [b]But waiting for the $1.6 million Bethesda home dropping to $800k simply isn't happening[/b].[/quote] I'm not sure anyone is saying they are waiting for that kind of drop. But historically house prices rise and fall - it won't rise forever.[/quote]
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