”Home Prices Falling by 20%” Our Reaction!

According to the recent article posted by Fortune.com, Back in May, Moody’s Analytics chief economist Mark Zandi came to Fortune with a bold proclamation: The U.S. housing market was entering into a “housing correction.” Through the summer, Zandi said, U.S. housing activity would plummet. As it did, Zandi said home prices in bubbly markets like Phoenix and Boise would begin falling. We dive into their article and what this prediction is telling us. We'll see you, On The Inside!

 

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