Case-Shiller shows slower price growth… but don’t expect a crash.
🏡 Home prices didn’t fall off a cliff – they just grew more slowly in July, according to Case-Shiller.
📊 The FHFA index, which covers homes with conforming loans only (no jumbos, no cash), is still showing steady gains.
💡 With mortgage rates drifting lower, we could see renewed upward pressure on prices.
If you’re waiting for a big drop, be careful. As rates fall, demand comes back – and sellers know it.
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Russell McDonald | NMLS 290837 | Broker CA DRE 01150730
Wymac Capital Inc | NMLS 18766 | Broker CA DRE 01121628
Real Estate Broker – CA Dept of Real Estate #shorts #homeprices #caseshiller