With housing costs near a record high, home buyers are mostly staying on the sidelines.

Well I am just shocked, SHOCKED I say! Well…not that shocked

  • BartyDeCanter
    1·
    2 days ago

    The floor price to buy a 2/1 house is $750,000 in my town. Assuming a standard 20% down payment you have to come up with $150,000 cash to buy the worst house in town.

    • bdonvr@thelemmy.club
      1·
      2 days ago

      Maybe. But. That’s assuming people are actually putting 20% down, which I doubt.

      And either way, even though prices are rising everywhere your area is still an outlier