Kirk's Market Thoughts Message Board

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Non-Tech : Kirk's Market Thoughts

COHR 181.67

+2.4%

Dec 5 9:30 AM EST

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To: Kirk © who wrote (9628)	5/3/2020 3:11:31 PM
From: berniel	of 26714

With the average home cost around 250k. It isn't going to take much of a rise in rates to keep the average wage American out of the market. Since most are 2 wage earners now. New homes are pricing out new buyers and what's left on the market below 200k is pretty much dumps. So yes it's not going to make much to bring it down. JMO Of course my point of view is as a single person. Bernie

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