I think I concur with your analysis. That said, what do you think about the labor market, if we see a spike in unemployment…. What effect do you think this would have on home prices?
Buyer demand is SO STRONG right now (as it compares to the supply). Even with a spike in unemployment, which seems somewhat intentional from the FED's action, that demand is to strong for these low inventory levels, which leads me to retain a stable single digit appreciation in 2024. Do you agree with my hypothesis at the end - 07:13 ????
I think I concur with your analysis. That said, what do you think about the labor market, if we see a spike in unemployment…. What effect do you think this would have on home prices?
Buyer demand is SO STRONG right now (as it compares to the supply). Even with a spike in unemployment, which seems somewhat intentional from the FED's action, that demand is to strong for these low inventory levels, which leads me to retain a stable single digit appreciation in 2024. Do you agree with my hypothesis at the end - 07:13 ????
@@RyanSkaggstotally agree, if rates go down without some black swan event, the housing market will keep going higher.