The Investment Thread
By fall, the housing market will slow, rates will likely climb, and people will have spent their funds.
Give it 3 months to work through. Summer is the peak for home sales. People selling houses don’t have the option to put off work. You also have buyers who are flush with cash due to tax returns and stimulus. The low interest rates also have people doing cash out refi with cash burning a hole in their pocket.Stratospheric commodity prices might be ebbing.
I read that and said Finally! Curious to see how long the current supply bought at the high prices comes down to the lowered futures. As of now its still $8+ for a non treated 2x4x8 :rolleyes:.
By fall, the housing market will slow, rates will likely climb, and people will have spent their funds.