This week, The Escape Home’s Danielle Hyams checked in with Redfin chief economist Daryl Fairweather to get a pulse on what exactly is going on.
This week, The Escape Home’s Danielle Hyams checked in with Redfin chief economist Daryl Fairweather to get a pulse on what exactly is going on.Fairweather: Interest rates have really cut into demand. The median monthly mortgage payment on a home is almost 40% higher than what it was a year ago, so that just really cuts into buyer’s budgets, it’s why we’ve seen a slow down in prices, demand and sales.
I hope so doubled my money after the 08 crash.. things need to cool so my next property can double when I buy in
If not yet, it’s going to. Few can afford a 6% mortgage?
It needs to. It's all been way over priced for many years. I mean, vastly overpriced for at least a decade. I'm glad I haven't bought a home. Not worth it. Just my opinion.
What if there were 16 million vacant homes in the US?
RDFN stock definitely crashed..
Redfin lol
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