Morris Invest’s Real Estate Wisdom: A Blog for Savvy Investors

Interest rates seem to have reached a peak, and we're seeing the 30-year fixed mortgage rate drop to 7.22%, all while the CPI (consumer price index) has finally cooled to 3.2%. With this recent data and signals picked up from Fed Chair Jerome Powell's speech this morning, it's predicted that the Federal Reserve will most likely end its federal interest rate hikes, and this is a good sign for real estate investors, personal home buyers, and sellers who have been waiting for an opportunity to jump back into the market. Even with the numbers looking optimistic, because the U.S. economy has undoubtedly been unstable over recent years, many analysts don't have faith that the market will recover any time soon. This has prompted some to feel it's inevitable that a housing crash is on the horizon, one...