When the Housing Market Will Crash
As inflation and interest rates continue to climb, there’s lots of talk about the direction of the housing market and the potential impact on home prices.
As inflation and interest rates continue to climb, there’s lots of talk about the direction of the housing market and the potential impact on home prices.
During the pandemic, home buyers lamented a lack of inventory, which helped push prices to record highs. But all of a sudden, listings are piling up.
It likely comes as no surprise that we’ve been in the middle of historically high home values. Has the market peaked, or will the craze continue?
House hunters in the market to buy a home during this time of elevated prices need to ask themselves: is a house a good long-term investment?
Should you wait for real estate prices to crash before buying a house? Read on to compare this housing market downturn to the 2008 housing bubble.
Earlier this month, the Federal Housing Finance Agency or FHA, announced that the maximum baseline conforming loan limits will rise in 2022.