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Real Estate Expert Says Housing Market Is at ‘Rock Bottom’ Due to High Mortgage Rates and Prices
Video Credit: Veuer
Published on August 21, 2023 - Duration: 01:07s
Real Estate Expert Says Housing Market Is at ‘Rock Bottom’ Due to High Mortgage Rates and Prices
Our country has been edging along and narrowly avoiding a recession for months, finally seeing inflation falling from record levels.
However, after interest rate hikes including those related to home buying have continued to rise, real estate experts say the housing market is in a bad way at the moment.
Veuer’s Tony Spitz has the details.
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