Redfin Chief Economist Daryl Fairweather predicts that home prices will continue to fall in the near future, despite a still competitive housing market.

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📒 Show Notes 📒
1️⃣ Chapter Markers
0:00 - Intro
0:32 - "Expect home prices to continue falling through 2022," Daryl Fairweather, Redfin Chief Economist
Yahoo Finance Interview with Daryl
https://money.yahoo.com/housing-exper...
0:47 - Recent Comments about the Housing Market
1:27 - Steep Home Prices and ESCALATING Mortgage Rates are Causing Housing Affordability Issues
3:34 - Housing Recession vs "NORMAL" Real Estate Market Correction
4:28 - Goldman Sachs REVERSES their Housing Market Forecast
6:08 - Home Price DECLARATION vs DEPRECIATION
9:25 - Why are some Economists call this a "BALANCED" Housing Market?
10:35 - How would you describe the current housing market?
10:58 - Outro

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QUESTION ❓ - How would you describe the current housing market?

🎬 About: In an interview with Yahoo Finance, Fairweather says that although the recent rise in home inventory is slowly balancing with home prices, she believes that a housing recession is hyperbole. She said a real estate market correction is a more appropriate term.

Andrew Finney
Trusted Real Estate Advisor/ USMC Veteran
S.0173260
www.andrewfinneyteam.com

King Realty Group
6955 N. Durango Drive Suite 1004
Las Vegas, NV 89149

Disclaimers/ Credits:
At the time of production, Andrew Finney, S.0173260, is a real estate salesperson with King Realty Group (KRG) in Las Vegas, NV. Andrew's videos are his own and do not necessarily represent the views and/ or opinions of KRG. The purpose of Andrew's videos is to educate you and help you make sense of the real estate process. I am not a CPA, attorney, insurance, contractor, lender, or financial advisor. If you have questions about home loans, real estate, taxes, financial advice, real estate law, insurance, professional trades, or any other services, you are advised to reach out to the appropriate professional for further counsel about your own unique situation. The content in these videos shall not be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or any other and may be outdated or inaccurate; it is your responsibility to verify all information for yourself. We have taken reasonable steps to check that the information in this video is accurate but we cannot represent that is free from error. Linked items may create a financial benefit for Andrew Finney Team. Any use of other media is by fair-use or license only.

#housingmarket #homeprices #realestate