Quote:
Originally Posted by Steve_R
Can somebody use their Gene to English translator on that please? Mine isn't working right now.
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The government is trying to stimulate the economy by lowering interest rates, which is driving up single family home prices everywhere but the city as everyone flees for the suburbs.
For some reason I can't quite understand Gene relocated to Florida from a northern state 23 years ago. (It has something to do with a creepy uncle)
The value of his house went up, back down and then back up, surpassing the previous increase by $90k.
He also would like to know what the value of our homes have done. I'm suspect he's preparing a spread sheet and possibly an amortization schedule based on a 30 year fixed rate conventional FHA loan.