The world's largest real estate franchise by agent count
In 2020 and 2021,
you could hardly list a house before it sold. Sellers would receive dozens of
bids above the asking price. And prices skyrocketed around the country. Then,
inflation reared its head. The Federal Reserve began hiking interest rates...
mortgage rates more than doubled... and the red-hot housing market came to a
screeching halt. Things could be changing now, though. That's because the
slowdown in housing has reached a rare level. And it means the worst of the
decline is likely behind us.