Why Are Home Prices Rising So Much?
from Success Trajectory Hosted by Teo Bogdan
Let's look at the first time home buyer type of house, it's really simple supply and demand - there just isn't enough supply of the first time home buyer houses. To add on to that issue high comps keep on raising the listing prices on the houses when they are listed, and the banks use those comps to compare what the homes are worth, so they just keep on rising.
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This episode is 4 minutes long.
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This episode was published on March 31, 2021.
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