It’s officially worse than 2008
It’s officially worse than 2008.
That’s right. Sales activity is worse than during the GFC. Let that sink in.
In fact, we’re truly at 21st century lows.
The Fed has crushed real estate demand with restrictive rates, but has also impacted supply because most sellers are buyers.
This market is unlike any housing cycle we have seen - at least for many decades.
Affordability is stretched like never before, blowing right past 2008 housing costs, and reaching the lowest level on record.
📲 to chat about your real estate goals! (203) 206-8161
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