Updated over 5 years ago on . Most recent reply
Real estate 3-6-12 months from now? Low rates, but lenders ...
What are your thoughts on the real estate market 3-6-12 months from now? My thought initially was that low rates are keeping the real estate market afloat and prices stable, but now lenders are increasing rates to curb demand. If the market continues to fall into a Recession, and rates are no longer an incentive to purchase, then will RE prices dip as well? All this assumes that there isn't a flood of new Inventory as we saw with the last Recession due to Foreclosures and defaults.