The housing market is exceptionally challenging right now for buyers–painfully high interest rates, prices that just won’t budge, and housing inventory that’s in the toilet. For many home buyers it feels positively unattainable. Some people are waiting for housing market CRASH and BURN reminiscent of what we saw in 2008…EXCEPT…the red flags actually look more like what happened in the early 1980’s US housing market! The elements at play in the housing market–stubbornly high prices, inflation dogging the economy and large generation demographic in their prime home buying years mixed up with some high interest rates is sounding A LOT like a tune we’ve already played. Take a dive into what it all means for you as I analyze the elements at work in the US housing market!
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