Podcast Episode Details
Back to Podcast Episodes
The Housing Crash Is Here (50% Drop in Sales) | Analyst Nick Gerli
The housing market is tipping into correction before our eyes. Home sales are dropping nearly 50% in certain markets. Listings inventory is ballooning. Price reductions are spiking.
Perhaps this is all as should be expected when mortgage rates double in the span of a single year. But this is only just the beginning warns housing analyst Nick Gerli. He expects the price corrections to get much deeper as we head into 2023.
https://youtu.be/UdgmR6qgmow
Learn more about your ad choices. Visit megaphone.fm/adchoices
Published on 2 years, 10 months ago