Wednesday, November 8, 2023 / by Nick Waldner
Hello, everyone! In today's blog, we're diving deep into the real estate market, bypassing the headlines and media hype, and looking at the actual state of affairs. Our goal is to provide you with insights and clarity about what's truly happening in the market.
The first thing to understand is that our economy is doing remarkably well. Unemployment rates are at all-time lows, and there are more job opportunities than there are job seekers. The GDP remains robust, and inflation is on the decline. The Federal Reserve, under Jerome Powell, has shown a cautious approach to raising interest rates, dispelling concerns of rapid hikes.
"Our goal is to provide you with insights and clarity about what's truly happening in the market."
Contrary to the media's recurrent recession predictions, the real estate market remains resilient. Unlike the overbuilding and easy lending that led to the 2008 recession, today's market is char ...