Mortgage demand falls to the lowest level since 1995 as interest rates near 8%
2 points by avonmach 1 year ago | 1 comment- JoeAltmaier 1 year agoI wondered what had been happening in our riverfront towns along the Mississippi. Every other house for sale at fire-sale prices. Combination of high interest rates and local employer closures. And nobody buying riverside vacation properties any more?
Anyway some really impressive stuff for around $100K, which is ridiculous. Inland its half a million.
Lots of old worn-out places too of course. Those towns have been there for a century or more.
https://www.zillow.com/clinton-ia/?searchQueryState=%7B%22pa...