roughstrategy.com - Rough Strategy: By Brian Ostrowiak

Description: Real Estate Sales and Marketing Strategy with a little rambling in between.

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Real Estate From The Other Side

The housing market is crashing! Or is it? Thank you Mark Zuckerburg, Jack Dorsey, Donald Trump, WordPress, and TikTok for empowering the world to convince itself that everything and nothing is true all at the same time. What a time to be alive. Depending on who you talk to the sky may or may not be falling at the moment for housing. One truth is unavoidable for all. The rates are too damn high!

This may (or may not) be the start of a potential gridlock in housing where people refuse to give up their sweet old rate/payment leading to stagnation of inventory growth which also can equal a floor on prices preventing declines big enough to attract enough buyers back into the game. The sad irony is that all those buyers waiting for houses to get cheap again literally missed the window. (whoops)