It’s hard to know what to believe anymore. You see all the “For Sale” signs, you hear about rising interest rates, and rising inventory- but then you read that the median price continues to go up. If the market is really going down, how can that be?
Housingdoom has it’s own “Deepthroat”- a local realtor who is our insider in the real estate industry. Here’s his response when asked about median prices: