Samuelson Group - Full Service Real Estate DRE Lic. #01320031

Rates hit a 23+ year high, sales volume drops, but why aren’t values crashing like some had hoped/predicted?
For years the Fed tinkered and kept rates artificially too low and now, unless one of the 7 D’s applies, most are holding tight… Even a moderate increase in unemployment (God forbid) will not have any meaningful impact as people will always need a roof over their head and we just haven’t making enough roofs available (for years now)