According to the Redfin CEO, the housing market crash has already started! The real estate bubble is bursting and institutional buyers (iBuyers) are contributing to flooding certain markets with excess inventory.

In this video, I cover some reasons why markets such as Boise, Austin, Denver, SLC, and Florida are starting to experience significant housing and listing price decreases. Buyers are disappearing as interest rates have skyrocketed and fewer people are migrating in from high cost of living areas. Home affordability has become a significant issue!

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#housingmarket #housingmarketcrash #housingmarketupdate #realestate