7 min listen
Home Appreciation Expected to be 6-7% Instead of 20%
FromSchwab Network
ratings:
Length:
7 minutes
Released:
Feb 14, 2022
Format:
Podcast episode
Description
Daryl Fairweather, Chief Economist at Redfin, discusses how higher interest rates and higher inflation can slow down home building. She explains the typical American is priced out of a home because it is so high and with mortgage rates increasing, it will be harder to borrow. Brad Hunter of Hunter Housing Economics, says we are not in a housing bubble, but it still resembles 2005. He points out there is some FOMO among would-be buyers. He says home appreciation will slow down to about 6-7% this year, compared to the 20% we have seen.
Released:
Feb 14, 2022
Format:
Podcast episode
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