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Scary Housing Market Drives Homebuyers to Consider Haunted Cohabitation

2023-10-26 1,525 Dailymotion

Scary Housing Market , Drives Homebuyers to Consider , Haunted Cohabitation .<br />According to an October 24 survey released by Zillow, <br />a majority of potential homebuyers in the United States <br />would consider buying a haunted house in the current market.<br />According to an October 24 survey released by Zillow, <br />a majority of potential homebuyers in the United States <br />would consider buying a haunted house in the current market.<br />'Forbes' reports that interest rates for homes, cars <br />and other consumer loans have spiked amid the <br />Federal Reserve's efforts to control inflation.<br />Last week, average rates for a 30-year <br />mortgage hit a 23-year high of 7.63%. .<br />Home prices remain about 30% higher than <br />they were at the end of 2019, prior to housing <br />market turmoil caused by the pandemic.<br />According to the survey, 35% of all respondents <br />said they'd be willing to cohabitate with the <br />paranormal if the house was more affordable. .<br />An additional 67% of those polled said <br />that they could be persuaded to purchase <br />a house that they knew was haunted. .<br />The survey polled 901 recent and <br />993 prospective homebuyers. .<br />Manny Garcia, a population scientist at Zillow, <br />said that persistently high prices, weak <br />inventory and high interest rates are , "creating a witches’ brew of trouble <br />for would-be homeowners.".<br />According to mortgage data provider Black Knight, <br />affordability has reached the lowest level since the 1980s <br />when comparing household income to monthly payments.<br />The rapid increase of borrowing costs are the result <br />of the Fed hiking the federal funds rate, which dictates <br />the interest rate that banks charge each other

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