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Updated over 2 years ago,
Month over Month - April 2021 vs. April 2022
When I hear people talk about hesitating to buy because of interest rates, I have to scratch my head.
We had 20%+ appreciation in all four counties in 1 year. 1 year!
Yes, interest rates are at or above 5%. If you could buy something for 10,000 that would be 12,000 next year but you had to spend $50 bucks more per month this year to get it, wouldn’t you?
Many people are chasing a “deal” and completely forgetting about the long term.