This housing bubble has already turned into a housing market correction so far this year. But now with what the FED (Federal Reserve) had to say at Jackson Hole, many are anticipating a housing crash coming.
For any one on one coaching or other business inquiries email me at: TheOutOfStateInvestor@gmail.com
While a 2022 housing market crash is unlikely on a nationwide level, cities are already looking primed to house prices crash as early as this year. This has been a big housing market bubble that has been building over the past several years fueled by record low supply and record low mortgage rates. This caused house prices to balloon and many experts started to voice their pessimistic housing market predictions. People started to wonder will the housing market crash? Well the latest housing market news shows inventory building, sales are slowing, and mortgage rates continue to soar. These are all red flags for a housing market collapse and at a minimum a real estate market correction. With the latest housing market update, we’ve seen the FED talk about how they plan to stay aggressive with their monetary policy. This is a key element to focus on with any housing market forecast as the policy of the federal reserve can play a huge role in a real estate crash just like it did with causing a housing boom. My real estate market forecast is the FED seems to be serious so I anticipate they will stick to the word and stay aggressive and I also anticipate that mortgage rates will continue to rise for the remainder of the year. Between those two things, we could definitely see a property crash take place in certain markets even as soon as this year.
#HousingMarket #HousingCrash #HousingBubble