/Will the Housing Market Pause Before it Explodes?

Will the Housing Market Pause Before it Explodes?

October continued the trend we’ve been seeing develop in real estate for almost two years now. Tight supply, steady demand, higher prices, and first-time home buyers getting priced out of the market. It’s only a matter of time before rising mortgage rates put pressure on this trend, but how high can rates go? And what happens when the Fed responds to the next crash and interest rates hit the floor?