@BowTiedBroke That's been the myth told by the industry, but the reality is if or when rates dip, there will be more inventory coming to the market. The American people are tapped out. Let’s also not forget the student loan mess that is around the corner.
🚨MAJOR MISS ON US JOBS DATA🚨
What does this mean for housing? 🏠
Contrary to urban myth, in a weak job market, most people don’t rush to sell their homes
The opposite.
They hunker down. Stay put.
THEY DON’T BUY.
Demand Crush first. Supply builds later.