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How Home Prices Stayed High Despite High Interest Rates: Builder Buydowns Explained

How Home Prices Stayed High Despite High Interest Rates: Builder Buydowns Explained
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Despite higher interest rates in 2020, home prices stayed high thanks to builders buying down rates. For example, if a $400,000 home had a 7% interest rate, the builder could bring the rate down to 6% and make it just as affordable as a $360,000 home with a 7% interest rate.

#stayinghigh #interestrates #homeprices #builderbuyingdown
#RealEstateEconomics #affordablehomes #realestateadvisorsir #charlotte #sirashleyrealestate #sirashley

Видео How Home Prices Stayed High Despite High Interest Rates: Builder Buydowns Explained канала Carolina Real Estate Advisor Sir Ashley
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13 декабря 2023 г. 23:59:29
00:00:58
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