Its not just Brian stating the obvious but other well respected players suggesting the economy is slowing faster than the data suggests.
Not to bring up the pandemic, but… I remember telling my wife that some day and sooner than later we will wake up one morning and this will all be behind us. Our intense focus sometimes blinds us to the broader picture.
In retrospect, my future self might view this moment as the turning point when society collectively decided “enough is enough.”
The dilemma of buying versus renting hits close to home for me, especially with my two daughters who have recently graduated from college. They wonder aloud, “When will we ever be able to afford a home?”
To the Real Estate Agents out there, this is a good time for your sellers to start thinking 2/1 buydown. Lets get borrowers in reasonable rates for what we anticipate will be lower rates in the next two years.
