Wednesday, May 6, 2020
Will Seattle Home Prices Fall?
Experts speculate about future home prices. Unlike the housing crisis of 2008 homeowners are in a very strong equity position. No down, low down, first and second mortgages, negative amortization loans, no doc investment loans are not in play. Buyers for the last 10yrs have been making down large down payments and have actually qualified for their mortgage. Experts agree if prices fall it would be healthy based on the dire economic conditions we are facing but there will not be a collapse like we previously witnessed. Owning real estate is the most solid long-term investment Americans can make now and forever!
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