Rates. Prices. Inventory. Price cuts. Pending Sales. We can go on and on about this market for days, using every buzzword known to man, but at the end of the day, everyone can agree on one simple thing. This market, right now is nothing short of insane. With rates now touching 8% and prices showing little to no releif, everyone is wondering how? How is it possible that the largest real estate bubble in modern history refuses to pop despite what seems to be immense pressure from a wide range of factors.
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Peter Sobat
Peter Sobat is the owner/creator of Blurred Culture. Peter holds a MFA in Digital Technology and has worked in media for the past 20 years. He is the creator of several viral hits such as "The SmokeBox" , "The Devin The Dude Show" and "Live with Steve Lobel".