Originally Posted by
khergan
Not sure about that since a lot of people are locked into 30 year loans at 3% or less interest. I do think we are due for a downward correction, unless the fed spins up the money printer and dumps interest again. If that happens I could see prices going up.
The supply side is certainly putting downward pressure as we have now just hit pre-pandemic inventory levels for homes on the market. Housing are sitting and prices having been falling recently as it’s becoming increasingly a buyers market.