This Week’s Topic: Crash Unlikely
Rising interest rates have not led to a significant decline in home prices. What are the factors that have contributed to this resilience? Strong demand from homebuyers, limited housing supply, and a robust economy. While higher rates may slow down the pace of price appreciation, they are unlikely to trigger a crash in the housing market due to these underlying factors.
Last Week’s Topic: Insurance Disaster
State Farm and now Allstate have pulled out of the California market for new home insurance policies. It's happening in other states. Darren and Joe discuss this situation and use a client's very recent insurance challenge as an example.
More: Sold and new listing reviews, market news, other interesting things we've found this week in real estate
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