Housing Shortages, Inflation, and Ole Mighty Dollar
#Trupodcast #Housing #Inflation #Housesfor Sale
In this episode of the TruPodcast we talk Housing shortages, inflation, and the Ole Mighty Dollar! The Arizona housing market is so crazy. Across the street from me is a brand new house that just sold last week and is now on the market two days later! And by the looks of it, the seller could make upwards of $120,000! That is C-R-A-Z-Y! Supply and demand are truly being tested in every aspect of the economy, but no more than the housing market. There sure is a lot of FOMO going on in the housing market, and as interest rates rise homebuyers are losing buying power. Is it time to sit on the sidelines?