The Real Estate market bust is likely to gain momentum this spring, which is unseasonable because Spring time is typically when the buyers come out of hibernation. But the latest Fed rate hike, its eleventh and most aggressive rate hike in more than forty years, taking the Fed fund rates to 5%, has made the …
Illiquid Real Estate Market
An illiquid real estate market is currently in play as home buyers dry up and prices spiral into a nosedive from dizzy heights. The catalyst for an illiquid real estate market is skyrocketing cost of mortgage payments House prices are declining and, in some cases, falling to their fastest pace on record. In this illiquid …