The Housing Market in the Wake of Fed's Decision | 1-Minute Market Update w/ Martin Perdomo

Send us a textJuly 28, 2023 | Your weekly dose of real estate housing market updates in under one minute!Prepare for an invigorating session as we dissect the effects of the Fed's recent interest rate hike on the real estate market. Will this sudden rise result in a housing bubble? As we comb through Redfin's latest housing market statistics, we observe a significant decline in mortgage purchase applications, a fluctuating span of median home sales, and a stark plunge in new listings. To say ...