‘Housing has hit rock bottom’: Top real estate CEO says high home prices are shutting people out of the market

finance.yahoo.com/news/housing-hit-rock-bottom-top-180447243.html

Housing is complicated, but one thing is clear: It’s hard to buy a home right now. Let me paint a picture for you. Home prices skyrocketed during the pandemic-fueled housing boom; more people were working from home and could do so from anywhere. Plus, mortgage rates were historically low, so people bought houses. But then inflation rose and the Federal Reserve raised interest…

This story appeared on finance.yahoo.com, .
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