Redfin predicts sharpest turn in housing market since 2008 crash

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The housing market is looking up for both buyers and sellers, real estate experts said. Homes are selling for lower prices, but high mortgage rates are still impacting affordability.

In New Orleans, the president of the Metropolitan Association of Relators David Favret said there's more homes on the market in his area than in the last two years.

"I think both buyers and sellers are in a good position right now," Favret said. "Sellers are still seeing a premium, although prices have softened slightly, but there are many buyers who are still there, particularly those who may have sat on the sideline when the market was tighter." Redfin also said now is still a good time to buy if you qualify for a mortgage because you can always refinance when mortgage rates go back down.

 

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JayLHendricks Some more Biden’s great resets no doubt ! Keep him in for the

Haha good 😂

'It's not like before when people who had no business buying a house got loans.' You're forgetting about the scumbags on Wallstreet that sabotaged working peoples incomes in 08. 🤬

They should focus on the sharpest turn in their stock price first

Who didn't see this coming?

There is one thing we can all agree on: UTLA's leadership is one of the most damaging, racist, and corrupt entities in this city:

Meanwhile there’s a monumental housing & rental shortage in desirable zip codes.🤔

But thankfully we don't have to read Trump's mean tweets 🙄

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