Quote:
Originally Posted by pepper24
If 5% is a good chunk of change for many of your buyers then these buyers are going to be in trouble when rates eventually start trending up putting downward pressure on the market.
|
I work with several first time home buyers. They have just recently entered the work force and will be making more money in no time. It is smart of them to get in right now even if it means a couple less bar nights or vacations.