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Podcast: Wealth Formula Podcast
Episode: 401: Real Estate Market Trends
Description: A lot has happened over the past year in real estate. It goes to show how quickly things can change. Unless you have been living in a cave, you know that interest rates went way up really quickly. When that happens, housing typically goes down in value significantly. Oddly enough, in much of the country, that wasn't quite the case. Why? Well, there wasn't much inventory. Record LOW rates created both a frothy market and a huge amount of liquidity in the housing market. People thinking of selling at that time sold. People thinking of buying were able to buy...