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'Doubt and hesitation' are ripping through the housing market: 'People are starting their home search, then backing out' (fortune.com)

submitted 1 month ago* (last edited 1 month ago) by cm0002@lemmy.world to c/usa@midwest.social

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Well I am just shocked, SHOCKED I say! Well...not that shocked

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[–] solsangraal@lemmy.zip 20 points 1 month ago (1 children)

who's got 5 digits in the bank for a down payment? let alone a bank that will approve a loan for the only "affordable" house which is affordable because it's falling apart?

[–] BartyDeCanter@lemmy.sdf.org 19 points 1 month ago (3 children)

Five digits? Where you getting housing that it only takes five digits for a down payment?

[–] solsangraal@lemmy.zip 11 points 1 month ago

hint: the population is ~3000 and we have confederate statues

[–] TTH4P@lemm.ee 4 points 1 month ago

Srsly

[–] Fredselfish@lemmy.world 0 points 1 month ago

My dad bought a house for 5k the other day. He so excited goimg around looking for more. The house should of been torned down and the town has zero jobs. But it bound and determined to gst us all to move there. "So cheap" there reason for that.