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If the housing market is correcting, WHY ARE HOME PRICES STILL GOING UP?

August 03,2022 | Posted By Dinorah Carmenate in re
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Attached is a great article and video that talks about why we are seeing home prices rise, while we are in the middle of a housing correction.

The short and long of it comes down too . . . RISING INTEREST RATES. When the experts look at home prices year over year, YES they are up in the double digits. . . But when the experts look at housing month after month . . . this tells a completely different story. This is why you continue to hear . . . “lowest housing sales since the housing crash”. I can easily say that in a few months, we will see both sales down and home prices down. 

If you are thinking of buying, NOW IS YOUR TIME. Call me and let’s get you prequalified. If you are thinking of moving and selling, NOW IS YOUR TIME. Call me before the year-over-year home prices start to decline.

Read Article Here


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