Jan
17

Will the stock market impact housing values? Taking a look at stock trends and current home values.

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It is very telling to see how people are reacting to what has been a minor correction in the stock market.  People have a hard time figuring out what they will do when things move down.  We’ve had a great run in both stock values and real estate prices thanks to investors and hot money.  This doesn’t do much for the cash strapped household that is now largely opting to rent.  People do realize that renting is an option right?  The crap shack peddlers seem to think that everyone is just itching to buy a $700,000 crap shack.  Surveys of Millennials, the next group in line to buy houses in mass is largely reflecting a cooler attitude towards real estate.  In most cases this attitude stems from the inability to afford a home.  Keep in mind the homeownership rate has been trending lower for some time now and this is on the back of a raging bull market.  What happens to housing if we have a correction in the stock market?…

Will the stock market impact housing values? Taking a look at stock trends and current home values.

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