The Great housing market Reset | The falling home prices

Let's call this The Great Reset. As we get a clearer picture of what's happening with the economy and with the real estate market we can see that the housing market is coming to a slowdown. There is no crash on site yet, but what happens in the coming months is crucial as to where we end up.

The Fed made it clear that they have no clue what's happening next, but they did give us an indication that home prices can still go up and also that they want interest rates to come down in the future.

Content:

0:00 - Intro
1:39 - The Fed plans to 'reset' the housing market raising the likelihood of falling home prices
2:11 - Article Source 3 things stand out #1. The Powell says homebuyers "need a bit of a reset"
2:59 - #2. Falling home prices? Powell seems to have suggested it's possible
6:01 - Home prices can fall, however, but for it to happen inventory will likely need to rise much higher, chief economist at kukun Ralph McLaughin says.
7:35 - #3. Powell explicity said he'd like to see mortgage rates fall
8:22 - Altos Research Article Source
9:41 - Price Reduction
10:37 - Conclusion
Listen to the Fed Chair talk about Real Estate and the housing market on minute 53:40
https://www.youtube.com/watch?v=IlfEJrG96b4&t=0s

Altos Research Data:
https://www.youtube.com/watch?v=IlfEJrG96b4&t=0s

The Fed article on the housing reset.
https://fortune.com/2022/06/16/housing-market-reset-federal-reserve-could-see-home-prices-fall/

#Housing2022 #ThehousingMarket #TheBubble #TristanAhumada

Видео The Great housing market Reset | The falling home prices канала Tristan Ahumada