People won’t intentionally sell their house for less than they paid. They also w...

sys_64738 on April 21, 2023 | parent | context | favorite | on: Mortgage Rate jump up, slowing down the buyer mark...

People won’t intentionally sell their house for less than they paid. They also won’t sell to incur mortgage debt. The sellers are likely distressed sales or other forced sales. Foreclosures are cheap for reasons.