The chair of the U.S. Federal Reserve, Jerome Powell, wants to “reset” the U.S. housing market. By hiking interest rates, Powell claims to be forming a more “balanced” market between buyers and sellers.
In other words, home values could be set to drop. The Federal Reserve has, in fact, admitted that a sharp drop in home prices could be coming.Continue reading “The Housing Market “Reset” Is Coming. Here Are 5 Tips to Protect Your Equity”