Where I see Mortgage Rates Going Nick Gerli

Homes typically stay on the market longer during a recession since there are typically fewer purchasers.
First-time buyers and lower-end purchasers place greater emphasis on interest rates, so as long as they are stable, they continue to purchase homes.
Because of this, low- to mid-priced properties endure a recession for a longer period of time.

Watch more of this clip from The Crash In Home Prices Is Now Underway. Expect Them To Fall 30%+ | Nick Gerli.

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