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Real Estate
Reply to "Isn't trading up going to end as folks are priced out?"
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[quote=Anonymous][quote=Anonymous]There is an article that shows how the housing market is stuck because of these crushing mortgage rates. No one is going to give up their reasonable sub 3% rate for the crazy 5%+ rates[/quote] Are you 12 years old, or just have no knowledge of history at all? I'm not disputing that years of historically low rates have creates pressure on inventory, but calling 5-6% rates "crushing" is pure idiocy. [/quote]
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