Phase 3 Of The Housing Crash Begins (Inventory Panic)

When will the housing market crash crash? That is the question nearly every single buyer in the United States is asking following twelve quarters of absurd never-ending price growth. According to Redfin.com, the average homebuyer housing payment has increased by more than 90% since May 2020. Just three years ago a new buyer could expect to pay around $1300 a month for the average home, today that number has increased to a record high of $2566 per month. In essence, looking through the prism of overall monthly costs, the housing market has never been more expensive and week after week it just gets worse.

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