Economics

THE BOTTOM LINE In this volatile housing market, here’s how to know when the bottom is in

New homes at the Cielo at Sand Creek by Century Communities housing development in Antioch, California, U.S., on Thursday, March 31, 2022.
New homes at the Cielo at Sand Creek by Century Communities housing development in Antioch, California, U.S., on Thursday, March 31, 2022.
David Paul Morris | Bloomberg | Getty Images

Chicago realtor Jeremy Fisher headed to Florida after Christmas counting on five mostly-relaxed weeks, after a slow second half of 2022 left him with a bunch of unsold listings exiting the year.

Instead, the Compass broker ended up flying back to the Windy City three times during his low season, as seven homes went into contract and his husband ended up driving their baby home from Florida alone. The great real estate bust, it seems, has found something like a floor.

Read more here: https://www.cnbc.com/2023/02/18/home-prices-mortgage-rates-how-to-know-when-housing-bottom-is-in.html

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