Housing Market Sentiment

[Miguel Vazquez]

I would love to hear an update on everyone's sentiment on the current housing market. In the last few weeks it seems as though the media is turning away from being bullish. The cost of material is up quite a bit from even the start of the pandemic, SFR prices are starting to cool off, and real estate industry sectors are bottlenecked to the brim. From a lender's perspective, CIVIC FS, the lender I work with, is seeing a tremendous influx in business. With increases in conventional interest rates, investors are shifting to more creative forms of lending like interest only DSCR loans and we are picking up a lot of the slack. How are you adapting to the constantly changing market? Where do you see home prices going in the next quarter? Next year? I wish everyone the best of luck!