|
Actually, some of the run-up isn't speculative. Prices for the basic materials of home building (OSB, plywood, lumber, etc.) have shot up in the last few years, no doubt due to the RE market frenzy and the resurgence in demand from the rest of the world. This is probably one of those things that is well worth discussing with your agent every 5 years or so.
__________________
"And Jesus spake, 'Become thou now fishers of adjustable rate mortgages'" - New Conservative Bible
|