"Honey, you just wait... Once the market crashes, we will be getting that home for HALF OFF"
I hear this phrase at least twice a week, especially as an agent who enjoys discussing real estate, the economy, and related topics. It's starting to sound like a broken record. I'm not here to judge, because if I didn't immerse myself in this field every waking hour of the day, researching the market and gaining hands-on knowledge, I would understand why someone might have these thoughts.
Let me start by prefacing this article. We will discuss why the market is likely to experience a downturn as we move into the winter season, the outlook for interest rates, and how they might affect the market. Additionally, we will explore the factors that could lead to…
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