The collapse of Silicon Valley Bank last Friday led to two other bank closings that rattled the tech industry and the cryptocurrency market. Could panic in the financial markets affect the real estate sector?
Soaring mortgage rates are forcing sellers to lower their asking prices in order to attract budget-conscious buyers, and with more rate hikes on the horizon, home prices are falling quickly
After soaring to new heights throughout the COVID-19 pandemic, the Phoenix housing market is slowing to a halt, and that sudden drop-off has some market experts fearful of a 2023 crash