Explaining why the current housing market likely won’t have a crash.
In a twist that’s left many scratching their heads, the housing market is displaying an anomaly: interest rates are soaring to levels not seen in decades, yet prices aren’t plummeting as one might expect. What’s behind this unusual phenomenon, and does this mean a crash is on the horizon? Let’s break down the reasons and shed light on the factors contributing to this unexpected market behavior.
Feel free to watch the full message above, or use these timestamps that will direct you to various points in the video.
0:00 — Introducing today’s topic
0:55 — Median sales prices
1:30 — Supply and demand
3:00 — How this situation could change
4:00 — The future of rates
5:30 — Wrapping up
As always, the market continues to be a dynamic arena where various influences converge to determine its trajectory. If you have any questions, don’t hesitate to reach out to us by phone or email.