Real estate housing market crash

Fact Check

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Possible?

Let's See Facts and You will know Yourself

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average home is selling for less than it's list price

For the first time in 17 months

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That's a good news for buyers

high mortgage rates

But,

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 are still impacting what people can afford.

inflation and High interest rates

The

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are slowing down the market

"This is the sharpest turn in the housing market since the housing market crash in 2008,"

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- Daryl Fairweather, Redfin's Chief Economist

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both buyers and sellers are in a good position right now

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It is a good time to buy if you qualify for a mortgage because you can always refinance when mortgage rates go back down. 

Best time to Buy Houses

There's always a risk to invest in any sector.  So We think this time is the

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