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Updated 8 months ago on . Most recent reply

Alan F.'s profile image
Alan F.'s profile image
Alan F.
  • Flipper/Rehabber
  • from California
  • Member since Sep 17, 2023
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Alan F.'s profile image
Alan F.'s profile image
Alan F.
  • Flipper/Rehabber
  • from California
  • Member since Sep 17, 2023
Connect
Alan F.
  • Flipper/Rehabber
  • California
723
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922
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General Real Estate Investing

B of A says housing market is "stuck"

Alan F.
  • Flipper/Rehabber
  • California
Posted

In an article I read Michael Galpen of B of A says the housing market is stuck til at least 2026 if not longer. Mentioned % rates for mortgages may not come despite any fed adjustments.  He Also mentioned the "lock in affect" of lower mortgage rates from years past may push out any adjustments for 8 years. What are everyone's thoughts on this scenario as well as the economy as a whole?

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