Home Prices are historically high in the New Orleans Metro Area, as they are all around the United States. And you may be wondering, Will home prices drop? When will home prices drop? Will this market slow down? Is the housing market going to crash?
Home Prices are up nearly 16% in the New Orleans metro area and continuing to rise. But with Jerome Powell and the Federal Reserve beginning the raising of interest rates, we should expect a slowing throughout 2022. Will the market completely stabilize? No, I don’t think so, but I definitely believe we will begin to see home prices drop slowly throughout the year.
In this video we talk about this and more, hope you enjoy!
Need a Real Estate Agent/Mortgage Lender in Your Area? CLICK HERE https://forms.gle/kwpwXnHpuLWDjuo57
WATCH NEXT⏭: https://www.youtube.com/watch?v=wzVVfmYwfPQ
MORTGAGE RATES RISE: https://www.youtube.com/watch?v=l_CtdLjLHn0&t=0s
FEDS CUT STIMULUS CHECK✂️: https://www.youtube.com/watch?v=UANR3BjbiTI&t=0s
Housing Market 2022 Forecast: https://www.youtube.com/watch?v=o1VG-0kxCuk
Live in New Orleans or Surrounding Areas? Reach out 985-626-1313
Keep Connected with us… Home Page: http://www.wayneturner.com/
*DISCLAIMER* The contents of this video are for strictly educational and entertainment purposes. This video is not intended to provide financial, accounting, tax, or legal advice. For financial or legal advice consult with financial advisor or lawyer.