Facet reposted this
If I told you in 2021 that mortgage rates would jump to around 7% and stay in that range for going on 2 years, you'd probably have assumed home prices would drop significantly. But after just a brief moment of downward pressure, home prices are back on the rise, confounding analysts and frustrating buyers. Below is my deep dive on what's going on with the housing market, and our thoughts on whether there is any relief for the affordability crisis in sight. From Facet https://lnkd.in/gdF7p7mv
