UNAFFORDABILITY Just CRUSHED The Housing Market (worse than 2008)

The Housing Market Crash is just getting started but is it not the same housing market are parents witnessed in 2008. Homebuyers are at a disadvantage due to rising mortgage rates and low inventory makes housing affordability one of the biggest issues facing the housing market. However, there is a major disparity between certain markets and housing affordability. We review the most recent housing market data and trends to keep you update on all things real estate. Enjoy!

Sources:

CoreLogic: https://www.corelogic.com/intelligence/homeowner-equity-insights-q4-2022/

Fortune: https://fortune.com/2023/03/13/housing-market-update-home-price-correction-told-by-six-charts-and-maps-data-real-estate/

Mortgage Calculator: https://www.mortgagecalculator.org/

CNBC: https://www.cnbc.com/quotes/US10Y & https://www.cnbc.com/2023/02/07/fed-chief-powell-says-the-the-disinflationary-process-has-begun-but-has-a-long-way-to-go.html

Mortgage News Daily: https://www.mortgagenewsdaily.com/mortgage-rates & https://www.mortgagenewsdaily.com/news/03142023-credit-availability

Twitter: @charliebilello

https://apolloacademy.com/us-housing-less-sensitive-to-rising-interest-rates/?utm_source=substack&utm_medium=email

Twitter: @zerohedge

Thanks for watching!

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About Me 👇

My mission is to help you preserve and grow wealth using real estate. I share my knowledge, thoughts, and what I am learning in areas of personal finance, mortgage lending, real estate investing, and much more!

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