What's Happening in the Housing Market?

Soyou has a stability to the housing market that you just don't have elsewhere. You know, ben benanki famously talked about how we've never had a nation wide fall in house prices just before o eight a.m. So i suspect that in some of these wildly overpriced markets, you are going to see some dramatic falls in pricing. But but it happens in a very specific way. The bids kind of dry up because people can't get financing. And there's a big air pocket between the offer who are still pricing it off where they thought the housing market was, and the bid who are now having an affordability problem,. so they bid what they can, not what

Transcript

Play full episode

Transcript

Episode notes

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!

Get the app