Some experts think the market has reached its bottom, Fannie Mae predicts further weakness ahead due to high mortgage rates and constrained home listings, Causing many buyers to be sidelined, sellers to hold on to their properties, and exacerbating the inventory problem.
Link to article:https://www.fanniemae.com/newsroom/fannie-mae-news/economy-surprisingly-strong-start-2023-its-not-expected-last
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0:00 U.S. Home Values are Declining
1:11 “The Housing Market is in for a lot more pain” -Fannie Mae
2:56 What I’m experiencing In the DC Market
4:45 “Home Prices will continue to go DOWN” -Fannie Mae
6:10 “You need to be humble to succeed” -What I’m Experiencing
7:50 Redfin’s Updated Median Sales Price Data
10:20 Contact
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Caryn Krooth Gardiner
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Licensed in MD & DC & VA
Long & Foster Real Estate, Forbes Global Properties
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