JRosenberger - 3/23/2024 14:35
I don't think the housing market needs 'loosening' at this point. I think it would be best for the health of the economy to allow time for the market to adapt to historically 'normal' borrowing costs (say 5.x to 8% in a stable economy).
This will likely mean housing prices softening further which will help or hurt depending on perspective.
I tend to agree. But with the median home price north of 400K softening is needed in my opinion sooner rather than later. |