I appreciate your perspective, but I disagree with your position and I think you are being hopeful for the sake of your industry. I think your position depends on the direction the economy moves. The U.S. government is hoping to avoid a recession with a soft landing, but if we do go into a recession I think home prices will continue to drop through next year. Smart money like Jamie Dimon, and Warren Buffet are warning us about this possibility. Warren Buffet is holding cash in anticipation of this event. The economy could get ugly next year. This could just be the beginning of a housing downturn, only time will tell. As a well qualified buyer, I am on the sidelines with a wait and see approach. Housing is still too expensive, and unaffordable.
Thank you for sharing! I hops you’re right! It’s heartbreaking to see well qualified buyers who have great jobs and good pay with nothing half decent to buy.
Why do you think people are waiting to buy?
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Because they don't have any money to buy
Unrelated to real estate.. you look lovely in yellow!
Thank you! This is one of the nicest comments I’ve seen on here 🤣💛
I appreciate your perspective, but I disagree with your position and I think you are being hopeful for the sake of your industry. I think your position depends on the direction the economy moves. The U.S. government is hoping to avoid a recession with a soft landing, but if we do go into a recession I think home prices will continue to drop through next year. Smart money like Jamie Dimon, and Warren Buffet are warning us about this possibility. Warren Buffet is holding cash in anticipation of this event. The economy could get ugly next year. This could just be the beginning of a housing downturn, only time will tell. As a well qualified buyer, I am on the sidelines with a wait and see approach. Housing is still too expensive, and unaffordable.
Thank you for sharing! I hops you’re right! It’s heartbreaking to see well qualified buyers who have great jobs and good pay with nothing half decent to buy.