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Real Estate
Reply to "Why do expert say: Buckle in for a brutal free-fall in home prices - Housing Bubble"
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[quote=Anonymous][quote=Anonymous][quote]BULLARD:FIRST 250 BPS OF TIGHTENING WAS JUST GETTING TO NEUTRAL BULLARD: GOAL IS TO HAVE 2023 AS YEAR FOR US DISINFLATION BULLARD: SITUATION CALLS FOR MUCH HIGHER INTEREST RATES THAT WHAT WE'VE BEEN USED TO[/quote][/quote] Bullard is the most hawkish of the Fed and does not speak for the Fed as a whole. That said, we've already seen housing prices moderate. I just don't think we'll see much a decline beyond this around here, sadly, as that would be helpful. If folks are waiting to buy until housing prices come down (as opposed to just growing more slowly), I worry that they are going to be eventually priced out.[/quote]
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