ilmscore | Prediction Details
"any time interest rates went down by one percent home values went up by five percent but it also took them roughly three years to get to that point and we kind of saw this play out in 2004 when the FED stepped in started to increase the rates but it also took roughly until 2007 for home values to go down"
By Andrei Jikh | March 7, 2022 | Pending
From video
Why I’m Now $1 Million In Debt 00:09:23 - 00:09:40
Interpreted Prediction
Home values can take approximately three years to decline after interest rates start to rise, based on historical patterns.

Prediction Details

Topic
Real Estate Price Decline Duration

Comments

0 comments

Be the first to share your thoughts.

Like this prediction?

Join to make your opinion count.