Will the Boise, Idaho Housing Market Crash
Spoiler alert Yes house prices in the areas in and around Ada County are dropping, but this is not a crash. Higher mortgage rates have slowed down real estate transactions. Year to date, the median sales price has decreased 9.7%. Boise is coming off a peak high year in home values. Inventory has increased to […]
Will Home Prices Crash in South Florida
Spoiler alert No, house prices will probably not crash in 2024 or 2025. Higher mortgage rates have slowed down real estate transactions. When interest rates increase, the cost of buying a home goes up. Inventory in south Florida is still low. According to the US Bureau of Labor Statistic, the unemployment rate in the is […]
Will Home Prices Crash in Los Angeles, California
Spoiler alert For those wanting to buy a home at a discount, now might be the time (homes prices and home values have increased over 6.7%, according to the California Association of realtors. Inventory is declining again, and sellers aren’t forced to sell their homes. Home prices in LA have dropped from NOV to DEC […]
Will there be a housing market crash in Texas
Spoiler alert Chances are there won’t be a housing crisis (homes prices and home values just haven’t fallen much at all) in Texas anytime soon. Inventory is very low and sellers aren’t forced to sell their homes. The unemployment rate in the Texas is low Housing starts are low Foreclosures in Texas are well below […]
Will the Housing Market Crash
Quick Answer The odds of a crash anytime soon are very slim. Inventory is very low Unemployment rate in the USA is also very low Overbuilding is not an issue today. Foreclosures are also extremely low. What is a housing crash A housing market crash is a situation where the prices of homes decline significantly, […]