Featured Article - What a Recession Would Mean for the Housing Market in 2023
I was recently featured in an article on Clever's website.
“Inventory will remain below pre-pandemic levels as homeowners choose to stay put. Roughly 85% of homeowners with a mortgage have an interest rate below 4%, and they are NOT going to trade their amazing rate for these high rates we haven’t seen in over 20 years..."
“If anyone has ever made a fortune timing the real estate market, they are a very modest person because I’ve never heard of them,” says Schwertz .“I think both buyers and sellers will have great opportunities knowing that those who are active in a challenging market are likely going to be more serious than the tire kickers and market testers when the market is strong.”
Read the full article here!
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