Something Interesting Happening In The Housing Market

The housing market has been a wild ride since COVID hit, with remote work driving people inland for cheaper homes, though rising interest rates are making it tougher to afford. Surprisingly, despite talk of a housing bubble, foreclosures remain low, suggesting people aren't panicking just yet, despite increasing credit card debt. It's a mixed bag out there, but that's the market for you – always keeping us guessing! Today we discuss:  Market expectations of rate cuts not materializing as previously predicted Market prediction metrics and data gathering from betting sites Concerns about economic slowdown despite higher inflation rates Potential impact of economic conditions on labor market and consumer spending Caution against hyperinflation fears, emphasizing gradual economic changes Overview of housing market trends, including regional shifts and affordability challenges Analysis of housing inventory levels and their implications for market dynamics Comparison of home price changes across different regions and time periods Examination of foreclosure rates as indicators of financial stress in the housing market For more information, visit the show notes at https://moneytreepodcast.com/the-housing-market-603   Today's Panelists: Kirk Chisholm | Innovative Wealth Douglas Heagren | ProCollege Planners Follow on Facebook: https://www.facebook.com/moneytreepodcast Follow LinkedIn: https://www.linkedin.com/showcase/money-tree-investing-podcast Follow on Twitter/X: https://x.com/MTIPodcast