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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Robert Douglas who wrote (1127)12/6/2001 5:06:01 PM
From: Jim Willie CBRead Replies (1) of 306849
 
as mortgage rates rise next year, housing prices will fall
prices are stabilized with dropping rates
the process reverses next year
rates rise, jobs stagnate somewhat, inventory weighs down

what has remained constant has been mortgage cost per month
if that constancy continues with rising rates, then prices fall

nothing is that simple, but this phenomenon will be hard to interrupt
/ Jim
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