Housing Market Crash 1980’s Style

We’ve said it before, and we’ll say it again.. don’t believe the headlines! It’s clickbait! Rates have risen, from 3.8% to over 7.5% in a year. It’s a big jump, no doubt. But has it crashed the housing market? Nope, it hasn’t. Does this headline make you think otherwise? You bet it does!

What’s really happening? Nothing you and I don’t already know, rates are high, prices aren’t declining, inventory is low and there’s still a ton of buyers out there!

So, keep your cool, stay informed, and don’t let those catchy headlines lead you astray.