SOTM 88: Buyer Beware – A Housing Bubble Is Brewing
Real Estate Rockstars Podcast
00:00
The Housing Market Is Set to Slow Down
The federal reserve raised interest rates for the first time since 20 18, andis expected to hike several more. As mortgage costs of aredy startd to rise, demand for loans and finances has fallen the housing market. Shepperdson was one of several prominent economists who predicted the sub prime mortgage crisis and housing crash in 2000. He predicts the number of existing home sales is likely to continue to fall in the months ahead.
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