Very interesting article Ben. My take on this is the housing market might be able to ride through 4 or 5% percent. We've got a lot of people who have opted out of buying a home the last two years due to covid and instead opted to keep saving until it is safe to shop around. That's 24 extra months of saving (not to mention the stim checks). With the rise of vaccinated people versus non- vaccinated and covid restrictions slowly being lifted; I have a feeling the housing market will be fueled by the people who have been saving and waiting and now have the money for a 1-2% change in the market.
Very interesting article Ben. My take on this is the housing market might be able to ride through 4 or 5% percent. We've got a lot of people who have opted out of buying a home the last two years due to covid and instead opted to keep saving until it is safe to shop around. That's 24 extra months of saving (not to mention the stim checks). With the rise of vaccinated people versus non- vaccinated and covid restrictions slowly being lifted; I have a feeling the housing market will be fueled by the people who have been saving and waiting and now have the money for a 1-2% change in the market.