Housing CRASH Just Started...Housing Prices DROP!

First time since August 2021 prices drop, way lower than even I predicted.  Austin went from 667K to 615K in one month. It’s going to take more inventory in the market to see prices drop more. New construction makes up 30% of all sales. So, we are finally seeing completion of new construction homes and they are closing at a lower price than first listed.

I predict interest rates are going to cool off in October 2022. I know many of you disagree but if we follow the trend, the prices may drop even lower.

Are you seeing prices drop around you? Comment below my video and let me know your thoughts!