Join John Schink, founder and managing broker of Deerwood Realty in St. Louis, Missouri, as he dives into the alarming surge in US home prices. Drawing insights from Jeff Weniger, head of equities at WisdomTree, John compares the astronomical rise in housing costs to other goods and services, from McDonald’s cheeseburgers to everyday essentials. Why has the housing market inflated so much when other products haven’t? Is the US housing market in a bubble? And if so, what happens next? #HousingBubble #RealEstateTrends #USHomePrices
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From 5/31/23
Mortgage Rates came in at 6.95 percent on a 30 year fixed Mortgage Rates are around 7.39 percent on a 30 year fixed as of recording
On the Twitter
https://twitter.com/JeffWeniger/status/1704970888838307903
Used this calculator
https://www.usinflationcalculator.com/
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