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