Tuesday May 24, 2022

32 Experts on the housing market? | Home Price Correction Coming

There's a home price correction coming, but it's not going to look like what alarmists are talking about, it's not going to be a burst in a bubble. The housing bubble isn't here as of today, but we are seeing home prices drop in some areas around the United States.


We'll dig into what some of the 32 housing experts had to say about the real estate market as well as dive into an interactive map by Corelogic that shows what areas, if any, are at a higher risk of losing value in the next few months.


Corelogic has an updated interactive map showing you what areas they think are at higher risk of losing value over the next year. They take "factors like income growth projections, unemployment forecasts, consumer confidence, debt-to-income ratios, affordability, mortgage rates, and inventory levels. factors like income growth projections, unemployment forecasts, consumer confidence, debt-to-income ratios, affordability, mortgage rates, and inventory levels.

https://fortune.com/2022/05/20/these-regional-housing-markets-could-soon-see-home-prices-drop/


Are we in a housing bubble? We asked 32 experts, and most said no. They explain their answers and offer insight about what we could see with housing prices in the coming months: https://www.businessinsider.com/is-there-a-housing-bubble-market-crash-2022-5?r=bubble-teaser


#housing #Realestatenews #Housing2022 #Recession #Thebubble #Tristanahumada

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