The current housing market is stable, with demand exceeding supply, contrary to the conditions leading to the 2008 crash. Presently, there are only 4.2 months of home supply, and unemployment is low at 4.1%. These factors combined suggest that a housing market crash is highly unlikely in the near future.
Tag Archives: inflation and housing market
The Impact of Inflation on Mortgage Rates
If you’re reading headlines about inflation or mortgage rates, you may see something about the recent decision from the Federal Reserve (the Fed). But what does it mean for you, the housing market, and your plans to buy a home? Here’s what you need to know. Inflation and the Housing Market While the Fed’s working hardContinue reading “The Impact of Inflation on Mortgage Rates”
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