Updated 7 days ago on . Most recent reply
It's the price, stupid.
https://www.cnbc.com/2025/10/23/housing-market-survey-buyers...
๐๐ฎ๐ฒ๐๐ซ๐ฌ ๐๐ซ๐๐งโ๐ญ ๐ฐ๐๐ข๐ญ๐ข๐ง๐ ๐๐จ๐ซ ๐ซ๐๐ญ๐๐ฌ ๐ญ๐จ ๐๐ซ๐จ๐ฉ. ๐๐ก๐๐ฒโ๐ซ๐ ๐ฐ๐๐ข๐ญ๐ข๐ง๐ ๐๐จ๐ซ ๐ฉ๐ซ๐ข๐๐๐ฌ ๐ญ๐จ ๐ฆ๐๐ค๐ ๐ฌ๐๐ง๐ฌ๐.
A new CNBC survey says buyers expect lower mortgage rates next year.
Reality check: even if rates fall a point or two, affordability barely moves. The real barrier is pricing. Or, as my inner James Carville would say: ๐๐ญ'๐ฌ ๐ญ๐ก๐ ๐ฉ๐ซ๐ข๐๐, ๐ฌ๐ญ๐ฎ๐ฉ๐ข๐.
Home prices remain inflated far beyond income growth.
A small rate drop doesnโt fix $700K starter homes.
Buyers are still on strike because the math ain't mathing.
Rates get the headlines. Prices decide the action.
For investors, this is where opportunity lives: when buyers pull back, creative deals fill the gap.