Are you wondering why there's still low inventory in the Real Estate market right now AND a dip in sales? If you are involved with the real estate market you'll know that there's been a shift in pricing. The Fed just raised interest rates AGAIN, we may see yet another plunge in sales. Could it be that all the Ibuyers, hedge funds and investors have changed the market dynamic by getting in early keeping prices high and getting out soon when the market shifts putting downward pressure on home values? In today's episode, we discuss an article with Redfin's CEO, who shares his point of view on WHY the market looks the way it does. We point out and examine each of his points while explaining our view as professionals in the market as well.
