Episode 2029

In Powell v. Inflation, the Housing Market is a Casualty

00:00:00
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00:22:20

October 10th, 2022

22 mins 20 secs

Season 2

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About this Episode

We all know how mortgage rates have shot up over the last few months, as the Fed has hiked up rates to fight inflation. But, home prices remain stubbornly high across the country. So, what's the deal? Deconstruct chats with Redfin's chief economist Daryl Fairweather about discussed the impact of the rate shifts on first-time homebuyers and why a slowdown in sales activity has not coincided with a decline in prices.