Andrei Jikh: Median house price will rise

The window it was checked over

Median sales price of houses sold: U.S. Census Bureau and HUD via FRED, figures as first published. The shaded span is the window the call was checked over; grey bands are recessions.

What was said around it

and we increase the rate by a whopping 1% and the average mortgage interest goes from 3.2 up to 4.2 that that will still be historically a low mortgage rate and between all the demand from all the Millennials and the low housing Supply that even if Millennials can't afford to buy the dip then wealthy hedge funds and other International investors will scoop in to buy the dip so even if the market drops it'll still probably be absorbed relatively fast so as far as my real estate prediction in terms of numbers goes I think the median home price will go up by 7 to 10% I think the median home price will go from $446,000 that it's at right now up to $446,000 to4 $58,000 on the high end Beyond just the interest rate increase it all depends on the jobs the demand and the wage increase of course I really wish it did but I don't think real estate will slow down much this year so now let's talk about crypto here we go again I think Bitcoin will hit $100,000 just like I said last time don't listen to me but this year hopefully we will get the approval of a spot ETF of Bitcoin we have a Futures ETF but that's kind of lame and that's not really helping us that much but this year I hope that ethereum

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