• Oct 03, 2022
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  Housing

  
  

  Discouraged buyers and affordability challenges.

  
  

  (2008 was about distressed sellers and foreclosures and the inability to hold onto your property when you went through any kind of job loss ... and THAT was about excessive egregious credit.)
  

  
  

  Prices too high with the higher (4%) rates. Prices have dropped in recent months. Even sellers, who after selling have to buy another home, are discouraged from buying.
  

  
  

  Before most sale pressure was the outskirts of the cities (remote work ability allowed this). Now it's both, inside and outskirts of the city. Most pressure in affordable units.
  

  
  

  Not a good market for flipping (into a softer market, expected). Also not a good market for buying a house you can't afford.
  

  
  

  
  

   
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  <div>Housing</div><div><br></div><div>Discouraged buyers and affordability challenges.</div><div><br></div><div>(2008 was about distressed sellers and foreclosures and the inability to hold onto your property when you went through any kind of job loss ... and THAT was about excessive egregious credit.)<br></div><div><br></div><div>Prices too high with the higher (4%) rates. Prices have dropped in recent months. Even sellers, who after selling have to buy another home, are discouraged from buying. <br></div><div><br></div><div>Before most sale pressure was the outskirts of the cities (remote work ability allowed this). Now it's both, inside and outskirts of the city. Most pressure in affordable units. <br></div><div><br></div><div>Not a good market for flipping (into a softer market, expected). Also not a good market for buying a house you can't afford. <br></div><div><br></div><div><br></div>  

  Housing

  
  

  Discouraged buyers and affordability challenges.

  
  

  (2008 was about distressed sellers and foreclosures and the inability to hold onto your property when you went through any kind of job loss ... and THAT was about excessive egregious credit.)
  

  
  

  Prices too high with the higher (4%) rates. Prices have dropped in recent months. Even sellers, who after selling have to buy another home, are discouraged from buying.
  

  
  

  Before most sale pressure was the outskirts of the cities (remote work ability allowed this). Now it's both, inside and outskirts of the city. Most pressure in affordable units.
  

  
  

  Not a good market for flipping (into a softer market, expected). Also not a good market for buying a house you can't afford.
  

  
  

  
  

   

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