Given the state of things, I'm starting to wonder if I made the right career choice. Is the market going to improve for homebuyers any time soon?

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Depends on if the president gets his way or not.

The president has been demanding to cut rates, which the fed doesn’t want to do.

Rate cuts would help open up the buyer pool a bit, but may also skyrocket inflation.

Let me look into my crystal ball -

Yes, the market may improve or may not improve yesterday.

Given the interest rates, prices are going to have to come down substantially to create an active market. In my area (nice area of Houston) per Zillow 130 listings, 3 sales in the past month, but prices are largely unchanged (yay). I have started to see pretty big price cuts for second/rental homes in Galveston.

If interest rates come down a lot, you will see activity pick up at current prices.

what u mean, prices are all all time highs now right

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