5 Signs the Real Estate Market May Be (Finally) Slowing Down
Posted by Andrew Salamone on
After reaching a plateau between 2017 and 2019, house prices in the United States saw an increase in 2020 and 2021.
Financial experts have no reason to believe the housing market will crash like it did in 2008. However, there are some indicators that the market might return to something closer to normal — or at least cool off. Although the question of when remains in limbo, these five signs indicate a potential shift in the market.
WHAT CREATES A "HOT" HOUSING MARKET?
All markets, including real estate, operate in cycles. In many cases, the real estate market mimics conditions within the economy. When the economy is up, the real estate market remains active because people have money to buy.
It is also directly influenced by:
- Mortgage…
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