August 2022 Market Update

Are we in a housing recession? According to the National Association of Home Builders, the new construction industry is. I cover why they think so and how this impacts home buyers. Also, with regard to our economy, is there a light at the end of the tunnel? Lawrence Yun, Chief Economist for NAR sheds light on where things may be headed with mortgage interest rates and inflation. In this episode, I cover these recent news headlines and review the latest housing market data for Northern Colorado.