What is going on in the housing market? This comes from the Wall Street Journal, however, I have seen several reports from different sources. Are we experiencing a national real estate slow
New Construction Rates And Inflation
Turning to residential construction, new home starts and building permits beat economists’ forecasts. Permits hit the highest level since 2007 (second chart below).
Looking ahead, residential construction activity is expected to peak next year as affordability worsens due to higher prices and rising mortgage rates (See third Chart below)
Source: Wall Street Journal
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.If you had a crystal ball would you do things differently?Well, we do not have a crystal ball however we can follow trends. The trends are telling us that if you were thinking of selling then now