Monday May 16, 2022

The Second Home Market Is Crashing | Redfin, Freddie Mac, Forbes

The Second Home Market Is Crashing | Redfin, Freddie Mac, Forbes

I've got some great information on this one. We dig into Redfin's latest report that shows data from Optimal Blue. Looks like the second home market is slowing down which means that we will see more opportunities for buyers In those markets. https://www.redfin.com/news/second-home-demand-drop-march-2022/

We also take a look at how interest rates have affected home prices over the years through a great Freddie Mac graphic. 

Lastly, we jump Into a recent article by Forbes Magazine that shows what's really happening with the market according to economists and real estate experts. https://www.forbes.com/advisor/mortgages/will-housing-market-crash/

#Housing#RealEstateMarket#RealEstateCrash#SecondHomeMarket#Tristan#Investors#RealEstate2022#RealEstateCrash2022

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