17: Foreclosure Fears, “Emotional” Equity, and Big Buying Opportunities w/Rick Sharga
Will housing prices drop in 2022? There may seem like an obvious answer to this question, “of course with interest rates rising housing prices will drop.” But, that’s not exactly what the data shows, especially when you take into account that 2022 is not a normal housing market by any means. We had high demand, which is starting to cool, but housing prices are still far from affordable. And with so many homeowners enjoying huge equity boosts, is there even a possibility that foreclosures could fill the supply gap?
Instead of postulating about what will or won’t happen, we brought on an…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.