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Gerald Lucas

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How Far Will Home Prices Go Down?, Real Estate Margin Of Safety, Home Buyers Are Spreading Out

November 29, 2022 Gerald Lucas

How Far Will Home Prices Go Down?

Real Estate Tip:

Before you buy property, incorporate a margin of safety, a buffer for unforeseen circumstances and things that may happen that are outside of your control.

Real Estate Insight:

Buyers who purchased homes in the 2nd half of 21' and 1st half of 22' moved a median of 50 miles from their previous residences--the highest distance on record since 2005

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Tags Gerald Lucas, real estate tips, real estate strategies, home prices, inflation, local real estate markets, economy, housing demand, interest rates, macroeconomic conditions
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