Good morning!!!
Interesting take from EPB Macro Research on what could happen to home prices.
Good news for Buyers, not good news for Sellers.

From EPB Macro Research:
“Real home prices are going to fall, and it’s going to cause a massive negative wealth effect. Real home prices are much more impactful for the wealth effect compared to nominal home prices. Many people invest in real estate as an asset to beat inflation. If inflation is 10% and your home goes up 15%, you beat inflation by 5%, and thus, you are 5% wealthier in real terms. If inflation is 10% and your home goes up 5%, you lost 5% of your purchasing power in an asset that is supposed to give you protection, and you are actually worse off.”

The full article is here:
https://lnkd.in/dCyuY7wb

Before you apply for a mortgage or stake a “For Sale” sign in your front yard, talk to an expert. Not your neighbor, not your Uncle in New York. An expert; someone with two decades of residential mortgage and real estate expertise, someone who will SHOOT YOU STRAIGHT.

Call me anytime or schedule a consultation online at:
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