EPISODE · Apr 16, 2026 · 15 MIN
The Housing Market Just Flipped – Sellers Panicking! Episode 50
from The News Minute USA · host Daniel M. Johnson
1. THE FROZEN HOUSING MARKET (2020–2023) Inventory and sales hit historic lows due to near-zero mortgage rates. 30-year fixed loans dropped below 3%, some as low as 2.6%. Demand surged, pushing home prices to record highs. As rates rose past 7% in 2023 (highest since pre-2008), buyer affordability plummeted. Despite falling demand, prices stayed high due to sellers clinging to low-rate mortgages ("golden handcuffs").
What this episode covers
1. THE FROZEN HOUSING MARKET (2020–2023) Inventory and sales hit historic lows due to near-zero mortgage rates. 30-year fixed loans dropped below 3%, some as low as 2.6%. Demand surged, pushing home prices to record highs. As rates rose past 7% in 2023 (highest since pre-2008), buyer affordability plummeted. Despite falling demand, prices stayed high due to sellers clinging to low-rate mortgages ("golden handcuffs").
NOW PLAYING
The Housing Market Just Flipped – Sellers Panicking! Episode 50
No transcript for this episode yet
Similar Episodes
No similar episodes found.
Similar Podcasts
No similar podcasts found.