Housing Market Correction? Here's What Experts Think Is Ahead For The Real Estate Market – USA Today
September 22, 2022Mark Zandi, chief economist from Moody's Analytics said that the housing market is nowhere close to the housing market crash during the 2008 Great Recession.
Graziano and Jeff Taylor, founder and managing director of Mphasis Digital Risk agree with him.
"Absolutely not," said Taylor who said the housing market is in a correction. "Consumers are thinking, 'Do I want to buy a house right now when I have other pressing issues that make me want to pause, like paying for high gas and groceries?”
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