Home Prices EXPLODE 47% (Homebuyers CAN’T Afford It)

[@blackrealestatedialogue]

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[@discorabbit]

Home prices didn’t necessarily appreciate. The currency was inflated. Am I wrong? Same thing, doesn’t matter?

[@blackrealestatedialogue]

It’s a point worth discussing

[@bauttiet.h.u.g.5900]

If you can't afford the "typically" home then buy what you can afford.

[@blackrealestatedialogue]

Agreed

[@plurtwink]

My house in Florida, I paid $180,000 in 2015 and i refinanced to 3.265%.
Its now worth $417,000 and the interest rate is more than double now. Plus, we're having an insurance crisis. My insurance was $600 a year, now it's 3K. And i have a new roof.

[@kingjay1524]

Thank you

[@blackrealestatedialogue]

You’re welcome!

[@sterlinelouisrn555]

I'm saving in a 5% CD and waiting for the big crash.

[@blackrealestatedialogue]

Totally understand where you’re coming from

[@AzAz-oz4ey]

I got 6k in plastic what can u do 4 me

[@blackrealestatedialogue]

😫😫

[@sterlinelouisrn555]

@@blackrealestatedialogue 😆 🤣 😂