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Midwest is ‘last regional bastion of affordability’ for homebuying, economist says
Zillow Senior Economist Jeff Tucker breaks down the outlook of the housing current market and house loan premiums pursuing the Fed’s most recent price hike, together with regional house pricing traits ahead of 2023. Video clip Transcript [AUDIO LOGO] DAVID BRIGGS: Fed Chair Jerome Powell expressing inflation in the housing market could start out to great by the center of 2023. But will a further 50 level hike further more punish the housing sector? Joining us now is Zillow Senior Economist Jeff Tucker. Jeff, very good to see you. How will today’s determination by the Fed impression the housing sector that the Fed chair reported, quote, “had weakened appreciably?” JEFF…