Tag results for: housing market correction
A 20% home price crash? These 7 forecast models can see it—where the other 13 leading models have the 2023 housing market going
Back in the early 2000s, short-sighted lenders gave out loans (or better put, subprime mortgages) to homebuyers who historically wouldn’t have qualified. As buyers tapped into that credit,...
The home price correction intensifies—what to expect from the U.S. housing market in 2023
That, of course, is what we’re seeing now. Despite favorable demographics and tight inventory levels, pressured affordability—spiked mortgage rates coupled with frothy home prices—is beginning to push home...
The housing market correction takes an unexpected turn
The Federal Reserve has a simple inflation-fighting playbook. It goes like this: Keep applying upward pressure on interest rates until business and consumer spending across the economy weakens...
