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Real Estate Market Will Stay "Savagely Unhealthy" For A Long Time | Logan Mohtashami
Forward Guidance
What Does Housing Typically Do During a Recession?
In 2008 inventory actually went down home prices went up because mortgage rates were going lower so it really depends on where you are on sales now the new home sales sector slowed down a little bit in this last recession which was very brief. 40 plus of homes in america don't have a mortgage and also adjusting to inflation mortgage debt is not even positive from the housing bubble years that's how we don't have this massive credit boom like we saw then. So i would tell everybody keep an eye on mortgage rates because they've made a big move lower.
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