I could see a bubble of too many homes for sale and not enough people buying. Not really a huge crash but it would cause prices to ease up. I’m currently looking to buy a new home and the longer I wait the more I’m seeing prices continue to drop.
Except that is pretty region specific. I would understand that being the case in climate evacuation areas where the insurance market has fled. But in most parts of the country I have been led to understand that there are few people trying to sell because they have locked in good interest rates.
I could see a bubble of too many homes for sale and not enough people buying. Not really a huge crash but it would cause prices to ease up. I’m currently looking to buy a new home and the longer I wait the more I’m seeing prices continue to drop.
Except that is pretty region specific. I would understand that being the case in climate evacuation areas where the insurance market has fled. But in most parts of the country I have been led to understand that there are few people trying to sell because they have locked in good interest rates.