Housing Market 🔥Heats🔥 Up As Supply Remains Low
Homebuyers are back? The recent drop in mortgage rates could be a major factor. Mortgage rates fell almost a full point from their peak of 7.08% on November. If you’re planning to buy a home this spring, you may want to brace yourself for some challenges. The housing market has experienced a significant slowdown in the second half of 2022, as home sellers pulled their listings from the housing market which may continue to affect the upcoming home-buying season. With rising mortgage rates and two years of intense competition, buyers have hit an affordability limit, leading to a cooling off in the market. As a result, sales activity has dropped considerably, and home values have declined for the first time in almost a decade. It’s a tough time to be a homebuyer, but don’t lose hope just yet. We will talk about this today on the podcast.
Goldman Sachs Revises Its Housing Market Forecast: https://youtube.com/live/Gu7JV7fLkiI
The Housing Market Finally Fizzled Out:https://youtu.be/aCD-Lftnd7U
Housing Market Gains Drop Sharply:https://youtu.be/32Ce4NcoiY0
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Kristina Smallhorn
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Kristina Smallhorn, Your Real Estate Whisperer kristina.smallhorn@exprealty.com,info@yourrealestatewhisperer.com
eXp Realty LLC,2900 Westfork Dr. Suite 401, Baton Rouge LA 70817
225-246-1812,Office (225) 412-9982 ext# 149
Kristina Smallhorn is a licensed REALTOR® with the state of Louisiana, License 0912122918
Disclaimer:
All images and additional video segments contained in the Thumbnails and/or B-roll segments are used strictly with the appropriate permissions and licenses required from https://pixabay.com and per the YouTube Partner Program, Community guidelines & YouTube terms of service. As an Amazon Associate, I earn from qualifying purchases at no extra cost to you as a buyer.
LIVESTREAMS ARE OPINIONS EXPRESSED BY LICENSED REAL ESTATE AGENTS IN DIFFERENT REAL ESTATE MARKETS. DO NOT BASE YOUR HOME PURCHASE OR SALE ON THE OPINIONS EXPRESSED IN THIS STREAM. ALWAYS CONSULT YOUR LOCAL REALTOR FOR YOUR MARKET CONDITIONS.
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