
Monday Jun 13, 2022
Inflation, Recession, Stagnation, and Real Estate 2022
With inflation coming in much higher than anticipated last month the FED will probably be raising the rate by .75 which is .25 higher than previously anticipated. This may affect the Mortage rates and go a little higher, probably will. That will in effect cause some demand challenges in the real estate market.
So far, over the last 3 months, the real estate market has slowly been stabilizing back to normal. Heading into summer 2022 let's see where the real estate market goes.
20 Areas Overpriced by Fortune Magazine. Real Estate 2022
https://fortune.com/2022/06/13/these-40-overvalued-housing-markets-could-see-15-to-20-home-price-declines-if-a-recession-hits/
Top 100 areas overpriced in the United States to watch for for Real Estate 2022
https://business.fau.edu/executive-education/housing-market-ranking/housing-top-100/
Altos Research with @Altos Research will give you all the data that you are looking for when it comes to Real Estate (No Affiliation to me)
https://altos.re/
Gasoline, Groceries and Housing Drove Inflation in May, it's getting nuts
https://www.wsj.com/articles/gasoline-groceries-and-housing-drove-inflation-in-may-11654874899
Fed Likely to Consider 0.75-Percentage-Point Rate Rise
https://www.wsj.com/articles/bad-inflation-reports-raise-odds-of-surprise-0-75-percentage-point-rate-rise-this-week-11655147927?mod=hp_lead_pos1
What is stagflation and how do we define it
https://www.investopedia.com/terms/s/stagflation.asp
Unemployment in June 2022
https://www.google.com/search?q=unemployment+data+today&oq=unemployment+&aqs=chrome.2.69i57j35i39l2j0i67j0i67i131i433j0i67j0i131i433i512l2j46i131i175i199i433j0i131i433i457i512.6647j0j7&sourceid=chrome&ie=UTF-8
6% Mortgages Look close and that could cause another housing issue
https://fortune.com/2022/06/11/housing-market-is-once-again-watching-mortgage-rates-spike/
#RealEstate2022 #RealEstateCrash #RealEstateBubble #RealEstateMarket #TristanAhumada