Barb Schlinker The Real Estate Voice

Top 7 Reasons a Market Slow Down is No Reason to WorrySegment 1Top 7 Reasons a Market Slow Down Is No Reason to WorryBarb, you have mentioned that many bloggers and people are concerned that we are in a Real Estate Bubble and could face a market correction. Even last week you said the market is slowing a bit.  Do you think this will mean lower home prices?People are concerned about another housing bubble.  However….The 2007 Housing Crisis Was an AnomalyHousing Crisis & COVID Had a Profound Impact on Housing StartsPikes Peak Market Under $Million Still Showing a LOW Supply:July Numbers VERY SimilarNOT MUCH DIFFERENT!REASONS NOT TO WORRY:#1 Reason Why Home Prices NOT Expected to DROPAnswer: CONSTRUCTION Supply Not Keeping Up – Look at Big Picture#2 Reason NOT to Worry: LOW INTEREST RATES = Low Payments#3 Reason NOT to Worry: HOUSING AFFORDABILITY – Annual Payment STABLE – Down Payment Higher in SOME Markets Not This OneYou are listening to the Real Estate Voice with myself Barb Schlinker of Your Home Sold G