Impact of Interest Rates on Future Home Values

Here's a simple way to see the impact of interest rates on future home values.

In January of this year, $1,000 per month would buy you $248,161 worth of house, while 14 weeks later the same $1,000 per month would buy you $182,971 worth of house.

Translation: $1,000 buys you $65,190 less house...

Consideration: Experts believe this summer will see a cyclical peak in house prices before softening sets in as sellers being to lower prices to attract buyers. This will be good for some, not good for others...